Current Use by Public Records
- Retail properties & Spaces
Property Details for 121 Bentsen Palm Dr
- Year built
- 1983
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional commercial property, located at 121 E Bentsen Palm Drive in Palmview, Texas (zip code 78572), presents a unique investment opportunity. The 18,730.8 square foot lot features a fully equipped restaurant built in 1983. The property boasts a prime corner location with high visibility and traffic volume due to its frontage on Bentsen Palms Drive and East Exp 83 Frontage Rd. The restaurant is currently temporarily leased on a month-to-month basis, offering flexibility for the new owner. The previous tenant operated successfully for over a decade, demonstrating the location's strong potential. The sale includes all existing restaurant equipment, including kitchen appliances (natural gas stoves, freezers, cold room, ice maker), serving area furnishings (chairs, tables, utensils, plates, glasses, buffet car), and more. The asking price is negotiable. A lease option is also available at $5,500 per month with a minimum two-year lease term. This property is ideal for an experienced restaurateur looking to establish or expand their business in a thriving location. The Hidalgo County location offers easy access to the surrounding community and significant traffic flow. This is a rare opportunity to acquire a turn-key restaurant business in a high-demand area.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palmview
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.3709
- Latitude
- 26.2327
