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Single-Story Retail Building with Office Space
For Sale
$2,900,000

6021 N EXPWY 281, Edinburg, TX 78542

COMMERCIAL - Edinburg, TX

Property Size22,325 SF
Lot Size5.48 Acres
Price / SF$129.90
Days on Market60

Property Features for 6021 N EXPWY 281

General Information

Property type Commercial Sale
Property subtype Other
Parking 20
Security features Security Lighting
Exterior features Storage, Mature Trees
Appliances Electric Water Heater
Subdivision Tandy's
Directions Travel North 281, take turnaround on Ramsayer road, second business on the right side. See Big Texas Tire Sign.
Standard status Active
APN T062000000000100
Size 22,325 SF
Lot size 5.48 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 34410

Utilities

Heating system Electric (Heating), Central
Cooling system Electric, Central Air

Building Details

Year built 2010
Floors in Building 1
Building materials Aluminum Siding
Roof type Metal
Additional Structures Storage
Listing Agency: Keller Williams Realty RGV
Listed By: Benjamin Garcia
Added: Jun 6 Changed: Aug 3 Last Checked: Aug 4 at 7:06AM
MLS# 506418

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.

Single-story retail space on a 5.48-acre site with room to expand. The property features over 22,325 SF (+/-) of building area, including 15,148 SF of service area and 3,968 SF (+/-) of air-conditioned office space. The office area is set up with a reception area, three offices, and a waiting area, plus two regular restrooms and a third restroom that includes a shower. There are also four separate storage areas steps away from the main building.

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
22,325 SF · lease $17.40/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Office B
$4.57M
$4.00M – $5.33M (±1% cap)
NOI $319,672 @ 7.0% cap · market cap 11.02%
Second Best
Retail
$3.55M
$3.11M – $4.15M (±1% cap)
NOI $248,805 @ 7.0% cap · market cap 8.58%
Theoretical Best
Office A
$5.79M
$5.07M – $6.76M (±1% cap)
NOI $405,493 @ 7.0% cap · market cap 13.98%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

51
Businesses Nearby

Demographics for 78542, TX

84,678
Population
25,198
Households
3.4
Avg Household Size
28
Median Age
13%
College-Educated
64%
High-School Grad
176.0 sq mi
ZIP Area
481
Density / Sq Mi
$52,962
Median Household Income
$30,377
Median Earnings
$876
Median Rent
$123,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Single-story retail building with air-conditioned office space, central HVAC, and multiple storage areas on a multi-acre site.
Where is this retail space located?
The property is located at 6021 N EXPWY 281 Edinburg, TX.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 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
More about this property
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