Commercial Restaurant and Flexible Suite
For Sale
$1,399,999
214 W Champion Street W, Edinburg, TX 78539
COMMERCIAL - Edinburg, TX
Property Size7,000 SF
Lot Size0.59 Acres
Price / SF$199
Days on Market287
Property Features for 214 W Champion Street W
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CO
Parking
35
Parking features
Covered, Special Needs
Patio and Porch features
Patio
Exterior features
Mature Trees
Appliances
Electric Water Heater
Subdivision
Las Cruces
Directions
From Hidalgo County Courthouse, head south on N Closner Blvd and turn right onto W Champion Dr. From 107 S Closner Blvd, head north on S Closner Blvd and turn left onto W Champion Dr. Property on the right.
Standard status
Active
APN
E330000362000300
Size
7,000 SF
Lot size
0.59 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
22099
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2004
Floors in Building
1
Building materials
Stucco
Roof type
Flat
Listing Agency:
Key Realty
(956) 627-7552
Listed By:
Stephanie Ramirez
(956) 225-5295
Added: Nov 10, 2025
Changed: Aug 13
Last Checked: Aug 24 at 3:06PM
MLS# 486557
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.
Investment Insights
Based on property information with market context.
This commercial property in Edinburg is built for a mix of uses, with one unit currently operating as a fully equipped restaurant and additional spaces offering flexible configurations for professional and retail uses. The building is stucco construction with a flat roof, built in 2004. Central heating and central air provide year-round comfort, supported by an electric water heater.
The property sits on 0.5861 acres and includes 7,000 square feet of commercial space. Exterior features include mature trees and a patio, and parking is available with covered spaces and special needs parking. Zoning is CO.
With its combination of an operational restaurant unit and adaptable remaining space, the layout supports tenants seeking both a restaurant component and the flexibility to accommodate complementary business needs within the same property.
The property sits on 0.5861 acres and includes 7,000 square feet of commercial space. Exterior features include mature trees and a patio, and parking is available with covered spaces and special needs parking. Zoning is CO.
With its combination of an operational restaurant unit and adaptable remaining space, the layout supports tenants seeking both a restaurant component and the flexibility to accommodate complementary business needs within the same property.
Key Highlights
- 0.5861‑acre site with 7,000 SF of commercial space
- Zoned CO
- One unit currently operating as a fully equipped restaurant
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$100,233
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,004,660
$2.0M
Cap Rate 7%
$1,431,900
$1.4M
Cap Rate 9%
$1,113,700
$1.1M
Market Conditions
NOI Build-Up for 7,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$155.4K $22.20/SF
− Vacancy
−$21.8K −$3.11/SF
EGI
$133.6K $19.09/SF
− OpEx
−$33.4K −$4.77/SF
NOI
$100.2K $14.32/SF
Area
Edinburg, TX
Vacancy
14.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,004,660
Cap Rate 7%
$1,431,900
Cap Rate 9%
$1,113,700
Alternative Uses
Best Use
Office B
$1.43M
$1.25M – $1.67M
NOI $100,233 @ 7.0% cap · market cap 7.16%
Second Best
Specialty Retail
$1.29M
$1.13M – $1.51M
NOI $90,326 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,142 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,241
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78539, TX
37,686
Population
15,759
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
84%
High-School Grad
12.2 sq mi
ZIP Area
3,089
Density / Sq Mi
$64,864
Median Household Income
$38,413
Median Earnings
$1,034
Median Rent
$198,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Zoned CO, this 2004-built property includes a fully equipped restaurant unit plus flexible space for office or retail use.
Where is this conventional restaurant located?
The property is located at 214 W Champion Street W Edinburg, TX.
What is the asking price?
The asking price for this property is $1,399,999.
What are key features of this property?
This property features: 0.5861‑acre site with 7,000 SF of commercial space; Zoned CO; One unit currently operating as a fully equipped restaurant
