524 S Closner Boulevard Edinburg, TX 78539
COMMERCIAL - Edinburg, TX
- Added:
- Sep 4, 2025
- Days on Market:
- 314
- Last Refresh:
- Jul 14 at 8:06 am
Property Features for 524 S Closner Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C2
- Parking
- 130
- Parking features
- Special Needs, On Street, Off Street
- Exterior features
- Balcony
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Electric Water Heater, Water Heater (In Attic)
- Standard status
- Active
- APN
- A26630000000B600
- Size
- 2,000 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3100
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2002
- Floors in Building
- 1
- Building materials
- Stucco
- Roof type
- Flat
Listing agent J.c. Lowe (956) 821-0547
Listing office Signature Properties Po Box 720366, McAllen, TX (956) 630-3100
Listing date Sep 4, 2025
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.
Located at 524 S Closner Boulevard in Edinburg, Texas 78539, the asset is zoned C2. The current lease is in place through 2/2028, and a total of three units are available in the complex.
For investors or owner-operators looking for retail space with an existing tenant, this updated interior unit offers a turn-key position within a small, multi-unit setup. The in-place lease terms through February 2028 should be reviewed by interested parties alongside the overall configuration of the complex and the other available units.
Key Highlights
- Interior unit in a 3‑unit complex with a current lease running through 2/2028
- Balcony included
- Central electric heating and central air conditioning with electric cooling
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.8k | $17.40 |
| − Vacancy | −$3.0k | −$1.48 |
| EGI | $31.8k | $15.92 |
| − OpEx | −$9.6k | −$4.78 |
| NOI | $22.3k | $11.14 |
