221 Us Hwy 83 San Juan, TX 78589-2605
This exceptional commercial property, located at 221 W US Highway 83 in San Juan, Texas, presents a unique investment opportunity. The 7,000.092 square foot lot features an existing restaurant building constructed in 1982. Its prime location boasts high traffic volume, placing it in close proximity to San Juan's new city hall and Liberty Park (Veterans Memorial). The building itself offers over 5100 square feet of usable space, with a second-floor area that provides potential for office space, storage, or a VIP room. This property is being offered at an asking price of $235,000. The seller is highly motivated and open to offers, creating a compelling opportunity for a quick sale. Furthermore, the seller is willing to consider a bundled sale with two additional retail shops located nearby, presenting a potential for significant expansion or diversification of investment holdings. This property is ideal for an established restaurant operator seeking a high-traffic location or an investor looking for a strong return on investment in a thriving Texas community. The property's zoning and potential uses should be independently verified. Act quickly to secure this exceptional opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.