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    Property profile & analytics

    1001 Leo Ave La Joya, TX 78560

    • Grocery and convenience stores
    • 2,664 SF
    • 0.85 lot acres
    For Sale
    View listing
    $170,000
    Value Estimation
    Location Intelligence
    Property ID
    US82-3606058
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 1001 Leo Ave

    Year built
    1977
    Lot size
    0.85 lot acres
    Property size
    2,664 SF
    Property type
    Grocery and convenience stores
    APN
    L6050-00-000-0284-00
    APU
    L605000000028400

    Description

    This exceptional commercial property, located at 1001 Leo Avenue in La Joya, Texas, presents a unique investment opportunity. Situated on a corner lot, this 37,026 square foot land parcel boasts a building constructed in 1977. The property has a rich history, having served as a thriving restaurant within the La Joya community for over four decades, establishing itself as a local landmark. Its prime location on South Leo Avenue ensures high visibility and accessibility. The property's current configuration is ideal for a restaurant, but its versatility allows for various commercial uses. The asking price is $170,000. The seller is open to leasing the property with amenities included, offering flexibility for potential buyers. This is a chance to acquire a well-established business in a rapidly growing Texas community, ready to continue its legacy under new ownership. The property is zoned for commercial use and is located in Hidalgo County, Texas, zip code 78560. The coordinates are 26.2369788 latitude and -98.4819529 longitude. This presents a rare opportunity to own a piece of La Joya's history and capitalize on its future growth.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $410,000
      6.5%
      $440,000
      7%
      $425,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $380,000
      Geo Method
      $390,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $370,000
      Mixed-Use
      $360,000
      Hospitality
      $420,000
      Educational
      $360,000
      Residential Income
      $430,000
      Energy
      $495,000
      Income-Based Land
      $440,000
      Food Service
      $395,000

    Location Insight

    • Map
    • Local Demand
    City
    La Joya
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.4821
    Latitude
    26.237
    CBSA code
    32580
    CBSA name
    MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $4,624
    $99,970
    $74,834
    $174,804
    -
    $99,970
    $74,834
    $174,804

    Comparable in this City

    • Value Estimation by Request
      6,844 SF

      305 Expy 83

      CONVENIENCE STORE • 6,844 SF
      305 Expy 83, La Joya, TX 78560-4016
      View Details
    • Value Estimation
      $490,000
      756 SF

      Expy 83fronting

      CONVENIENCE STORE • 756 SF
      Expy 83fronting, La Joya, TX 78560
      View Details
    • Value Estimation
      $355,000
      3,380 SF

      200 2nd St

      GROCERY, SUPERMARKET • 3,380 SF
      200 2nd St, La Joya, TX 78560-9046
      View Details
    • Value Estimation by Request
      1,020 SF

      101 13th St

      CONVENIENCE STORE • 1,020 SF
      101 13th St, La Joya, TX 78560-4050
      View Details
    • Value Estimation
      $375,000
      2,328 SF

      121 Expy 83

      CONVENIENCE STORE • 2,328 SF
      121 Expy 83, La Joya, TX 78560-4184
      View Details
    • Value Estimation by Request
      720 SF

      231 Expy 83

      RETAIL STORES (PERSONAL SERVICES) • 720 SF
      231 Expy 83, La Joya, TX 78560
      View Details

    Similar Nearby for Sale

    • $660,000
      7,848 SF

      Retail Property on US Highway

      Former Dollar Store property near schools, shopping, and dining.
      705 Expressway 83 E, La Joya, TX 78560
      View Details
    • New
      $375,000
      2,912 SF

      La Joya Commercial Space

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    • $450,000
      0.31 Acres

      La Joya Retail Plaza

      Retail plaza in high-traffic La Joya location for sale.
      324 W Expy 83 Hwy W, La Joya, TX 78560
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    • $889,000
      3,380 SF

      La Joya Commercial Property

      Meat Market, Retail, Warehouse - Turnkey Business
      204 2Nd St, La Joya, TX 78560
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    • $170,000

      La Joya Restaurant & Land Sale

      Prime La Joya corner lot, established restaurant.
      1001 Leo Ave, La Joya, TX 78560
      View Details
    • $1,090,000
      9,642 SF

      La Joya Multifamily Investment

      Income-producing 8-unit multi-plex on 0.42 acres near US Highway 83.
      212 S Alex Ave, La Joya, TX 78560
      View Details

    Similar Nearby for Lease

    • $1,050 /Mo
      1,150 SF

      La Joya Drive-Thru Location

      Ideal drive-thru convenience store location off Expressway 83.
      120 Suite A Expy W, La Joya, TX 78560
      View Details
    • $17 SF/Yr
      1,000 SF

      Prime 1st Street Commercial Property

      Executive Office Space, High Visibility
      206 1St St, La Joya, TX 78560
      View Details
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    1001 Leo Ave
    La Joya, TX 78560
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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