688 Expressway 83 La Joya, TX 78560
This vacant 2,957 square foot Quick Service Restaurant (QSR) building presents a unique investment opportunity in La Joya, Texas. Located on Expressway 83, a major thoroughfare with over 32,000 vehicles per day, this property boasts high visibility and a prime retail location. Built in 2006, the building includes a convenient drive-thru window, ideal for fast-food or similar concepts. The 0.86-acre lot offers ample space, including 15 parking spots. The property's strategic location is further enhanced by its proximity to a high school, middle school, and a health science academy, all within a one-mile radius, ensuring a strong customer base. This fee-simple ownership opportunity is situated in a rapidly growing community, offering significant potential for future growth and return on investment. The building's modern design and convenient features, combined with its exceptional location, make this an attractive proposition for savvy investors seeking a high-traffic, high-visibility retail space. The property is vacant and ready for immediate occupancy, allowing for customization to suit a variety of QSR concepts. This is a rare chance to acquire a well-positioned property in a thriving Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.