5921 23rd St Mcallen, TX 78504-3934
This exceptional commercial property in McAllen, Texas, presents a unique opportunity for restaurant entrepreneurs. Located at 5921 N 23rd Street, 78504, this single-tenant property boasts a 2,462 square foot building situated on a substantial 20,119.92 square foot lot. The property features a fully equipped, second-generation restaurant space, ready for immediate occupancy. Key features include two drive-thru windows, a comprehensive kitchen setup with fryers, a flat top, grill, burners, freezer, coolers, an ice machine, and a walk-in cooler – all in excellent condition. A 15-beer tap system is also included, adding to the property's operational versatility. Ample parking is available with 40 spaces provided for patrons and staff. The property's prime location ensures high visibility and significant foot traffic, creating an ideal environment for a thriving restaurant business. The property's APN is J070000000000A00. This turnkey operation offers a significant advantage for those seeking a quick start to their business ventures, eliminating the need for extensive renovations or equipment purchases. The combination of a well-equipped space, prime location, and ample parking makes this a truly exceptional opportunity.
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Malandra - Picadera Bar Bar & Pub
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
MCB · Mcallen, TXMcallen. Always verify with local authorities before improvements.
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.