New 20-Suite Shopping
For Sale
$4,500,000
901 S Raul Longoria Road, Edinburg, TX 78542
Commercial Sale, Edinburg, TX
Property Size19,297 SF
Lot Size1.50 Acres
Price / SF$233.20
Days on Market143
Property Features for 901 S Raul Longoria Road
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Parking
65
Parking features
Special Needs
Accessibility
Accessible Approach with Ramp
Appliances
Electric Water Heater
Subdivision
Links Commercial
Directions
From Freddy Gonzalez and Raul Longoria head north on Raul Longoria. Property will be on the left hand side before Border Town supermarket.
Standard status
Active
APN
L474900000000200
Size
19,297 SF
Lot size
1.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9421
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2025
Floors in Building
1
Building materials
Brick, Stucco
Roof type
Flat
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Jaime Lee Gonzalez · License #713189
(956) 599-8400
Added: Apr 15
Changed: Sep 4
Last Checked: Sep 4 at 7:06PM
MLS# 459961
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 under-construction shopping center comprises 19,297 square feet on 1.5013 acres, with 20 suites planned for retail occupancy. The 2025 development uses brick and stucco construction, a flat roof, central heating, central air conditioning, and an electric water heater. An accessible approach with ramp provides entry to the property.
The center is situated near schools, residential neighborhoods, the H-E-B Park Complex, and Los Lagos Golf Course in North Edinburg. Its multi-suite layout provides a range of storefront spaces within a single commercial plaza.
The center is situated near schools, residential neighborhoods, the H-E-B Park Complex, and Los Lagos Golf Course in North Edinburg. Its multi-suite layout provides a range of storefront spaces within a single commercial plaza.
Key Highlights
- 19,297 square feet of retail space
- 20 suites within a new shopping center
- Situated on 1.5013 acres
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
$215,059
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
4.78%
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%
$4,301,180
$4.3M
Cap Rate 7%
$3,072,271
$3.1M
Cap Rate 9%
$2,389,544
$2.4M
Market Conditions
NOI Build-Up for 19,297 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
$335.8K $17.40/SF
− Vacancy
−$28.5K −$1.48/SF
EGI
$307.2K $15.92/SF
− OpEx
−$92.2K −$4.78/SF
NOI
$215.1K $11.14/SF
Area
Edinburg, TX
Vacancy
8.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
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%
$4,301,180
Cap Rate 7%
$3,072,271
Cap Rate 9%
$2,389,544
Alternative Uses
Best Use
Retail
$3.07M
$2.69M – $3.58M
NOI $215,059 @ 7.0% cap · market cap 4.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.01M
$4.38M – $5.84M
NOI $350,495 @ 7.0% cap · market cap 7.79%
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
175
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Miss Mundo Beauty Salon — 1910 E University Dr, Edinburg, TX 78542, United States
Frequently Asked Questions
What type of property is this?
Shopping center - Under-construction retail development with central HVAC and accessible ramp entry.
Where is this shopping center located?
The property is located at 901 S Raul Longoria Road Edinburg, TX.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 19,297 square feet of retail space; 20 suites within a new shopping center; Situated on 1.5013 acres
