Versatile Commercial Property in
804 W Veterans Boulevard Palmview, TX 78572
804 W Veterans Boulevard, Palmview, TX, 78572
$315,000
For Sale
$315,000
COMMERCIAL - Palmview, TX
Property Size1,830 SF
Lot Size0.42 Acres
Price / SF$172.13
Days on Market100
Property Features for 804 W Veterans Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- F1
- Parking
- 12
- Patio and Porch features
- Patio
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- G585002000004402
- Size
- 1,830 SF
- Lot size
- 0.42 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7626
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2001
- Floors in Building
- 1
- Building materials
- Block, Solid Masonry
- Roof type
- Flat
Listing Agency
Keller Williams Realty RGV
(956) 928-1155
3300 N Mccoll. Ste P & Q, McAllen, TX
Listed by
Maggie Harris · License #0530155
(956) 821-9990
Added: Apr 13 Updated: Apr 15 at 9:28 am Checked: Jul 21 at 3:06 am
MLS# 487014
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 in Palmview, this commercial property offers multiple income-producing opportunities, including a second-generation restaurant, meat market, large office space, beauty salon, and gym area. The property is positioned on a major corridor with heavy daily traffic, providing visibility and accessibility. The site is suitable for growing businesses or investors looking to capitalize on Palmview's commercial expansion. It is ideal for owner-users or investors seeking multi-tenant cash flow. The property has a lot size of 0.4196 acres and a building size of 1830 square feet. The zoning is F1.
Key Highlights
- Multiple income‑producing opportunities including restaurant, meat market, office, salon, and gym.
- Located on a major corridor with heavy daily traffic.
- Excellent visibility and accessibility.
Local Financial Insights For Specialty 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 | $37.6k | $20.52 |
| − Vacancy | −$2.1k | −$1.17 |
| EGI | $35.4k | $19.35 |
| − OpEx | −$8.9k | −$4.84 |
| NOI | $26.6k | $14.51 |
1,830 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$437.3K
$382.6K – $510.2K
NOI $30,610 @ 7.0% cap · market cap 9.72%
Second Best
Specialty Retail
$379.4K
$332.0K – $442.6K
NOI $26,558 @ 7.0% cap · market cap 8.43%
Theoretical Best
Hotel Hospitality
$1.38M
$1.21M – $1.61M
NOI $96,487 @ 7.0% cap · market cap 30.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Commercial property with multiple income-producing opportunities in a high-traffic location.
Where is this mixed-use property located?
The property is located at 804 W Veterans Boulevard Palmview, TX.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Multiple income‑producing opportunities including restaurant, meat market, office, salon, and gym.; Located on a major corridor with heavy daily traffic.; Excellent visibility and accessibility.
