Property profile

5112 Expressway 83 McAllen, TX 78501

FOR SALE
Other commercial real estate
Property ID
US82-6276955
50,460 SF 2 ac lot Built 2016
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This two-story steel-framed, masonry restaurant and event venue was constructed in 2016 and is located on the corner of Expressway 83 (I-2) Frontage Rd. and Taylor Road in Mission. The building includes space on the second floor totaling 26,500 square feet, configured for uses such as a restaurant, bar, or entertainment venue. Interior features include two full-service bars, a fully equipped kitchen, spacious dining areas, and restrooms. The property includes an elevator for accessibility, has exterior professional landscaping, and provides 180 parking spaces. The site has corner placement with frontage on Expressway 83 (I-2) Frontage Rd. and Taylor Road.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2016
Total area 50,460 SF
Lot 2 ac (87,216 SF)
APN D0442-00-000-0001-00
UPID US82-6276955

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5112 Expressway 83 McAllen, TX 78501
McAllen metro Census 20506 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.82M
Blend (final) Blend
$5.52M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Auto repair, garage $7.0M +23.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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