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    2114 Guadalupe Flores Street Sullivan City, TX 78595

    View on Map
    For Sale
    $150,000

    COMMERCIAL - Sullivan City, TX

    Property size:
    1,412 SF
    Lot size:
    0.36 Acres
    Added:
    Mar 19, 2026
    Days on Market:
    15
    Last Refresh:
    Apr 2 at 5:06 am

    Property Features for 2114 Guadalupe Flores Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    F1
    Parking
    3
    Patio and Porch features
    Patio
    Exterior features
    Mature Trees
    Appliances
    Electric Water Heater
    Standard status
    Active
    APN
    V365000003001100
    Size
    1,412 SF
    Lot size
    0.36 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    2523

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2002
    Floors in Building
    1
    Building materials
    Aluminum Siding, Solid Masonry
    Roof type
    Metal

    We can help!

    Listing Contact
    Amparo Price

    Listing agent Amparo Price

    Listing office Realty One Group Right Choice 2508 Buddy Owens Blvd, McAllen, TX

    Listing date Mar 19, 2026

    MLS# 476981

    Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sullivan City Commercial Corner Lot

    This commercial property in Sullivan City, TX, is a convenience store with a drive-thru garage, situated on a corner lot in a developing area. The property features an expansive lot with a dedicated backyard patio area, suitable for outdoor dining or event-related activities. It is located in close proximity to Expressway 83. The property includes a commercial kitchen and a six-door cooler. The property's versatile layout and substantial outdoor space make it suitable for a wide array of commercial activities, including restaurants, retail businesses, and event centers, with a combination of indoor and outdoor spaces ideal for an open-air setup. The property also has a private restroom with a shower and an alleyway. The property size is 1412 square feet and the lot size is 0.36 acres. A new subdivision is currently under development across the street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Similar Places Nearby

    • Gonzalez Mini Mart — 175 Guadalupe Flores Rd, Sullivan City, TX 78595

    Map

    City
    Sullivan City
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.573527
    Latitude
    26.262259

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    FAQs

    What type of property is this?
    Grocery and convenience store - Convenience store with drive-thru and outdoor space in developing area.
    Where is this grocery and convenience store located?
    The property is located at 2114 Guadalupe Flores Street Sullivan City, TX.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Strategic location on a corner lot in a developing area, near Expressway 83 and a new subdivision.; Expansive lot with dedicated backyard patio area suitable for outdoor activities.; Versatile layout ideal for restaurants, retail, or event centers with both indoor and outdoor spaces.
    (956) 500-4395
    We can help!
    Listing Contact
    Amparo Price
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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