6021 N EXPWY 281, Edinburg, TX 78542
COMMERCIAL - Edinburg, TX
Property Features for 6021 N EXPWY 281
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
Located at 6021 N EXPWY 281 in Edinburg (Hidalgo County), the property benefits from a high-traffic area setting and offers mature trees on the exterior. Construction includes aluminum siding and a metal roof, built in 2010.
For comfort and day-to-day operation, the building has central air with electric cooling and central/electric heating, along with an electric water heater.
Key Highlights
- 5.48 acres with room to expand
- Over 22,325 SF (+/-) single‑story retail building
- 15,148 SF of service area plus 3,968 SF (+/-) air‑conditioned office space
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 | $388.5k | $17.40 |
| − Vacancy | −$33.0k | −$1.48 |
| EGI | $355.4k | $15.92 |
| − OpEx | −$106.6k | −$4.78 |
| NOI | $248.8k | $11.14 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 78542, TX
Market
Vacancy Rate% for Office in South region