Flex Space with Office
For Sale
$290,000
10012 E State Highway 107, Edinburg, TX 78542
Corner site offers highway access, restrooms, and room for parking, storage, or future expansion.
Property Size1,250 SF
Price / SF$232
Days on Market129
Property Features for 10012 E State Highway 107
General Information
Standard status
Active
Size
1,250 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2002
Construction
cinder block
Listing Agency:
Monarca Real Estate Group Llc
(956) 566-0083
Listed By:
Francisco Gonzalez-Ortega
Source:
Aregtx
Added: Apr 24
Changed: Aug 29
Last Checked: Jul 19 at 2:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Monarca Real Estate Group Llc
Investment Insights
Based on property information with market context.
This flex space includes a 1,250-square-foot cinder block building constructed in 2002. The layout provides an office area and restrooms within a compact commercial facility suited to warehouse, shop, or small-business operations. The building is positioned on more than half an acre, allowing for on-site parking, outdoor storage, and possible expansion.
Located at 10012 E State Highway 107 in Edinburg, the property occupies a corner position along the highway. Access is provided from a city road and county road, with the site offering direct exposure to State Highway 107. Existing parking includes 5 spaces, along with garage and on-street parking references in the property details.
Located at 10012 E State Highway 107 in Edinburg, the property occupies a corner position along the highway. Access is provided from a city road and county road, with the site offering direct exposure to State Highway 107. Existing parking includes 5 spaces, along with garage and on-street parking references in the property details.
Key Highlights
- 1,250‑square‑foot cinder block building constructed in 2002
- More than half an acre with room for parking, storage, or expansion
- Corner property directly on State Highway 107 in Edinburg, TX
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
$9,696
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
3.34%
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%
$193,920
$193.9K
Cap Rate 7%
$138,514
$138.5K
Cap Rate 9%
$107,733
$107.7K
Market Conditions
NOI Build-Up for 1,250 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
$15.3K $12.24/SF
− Vacancy
−$383 −$0.31/SF
EGI
$14.9K $11.93/SF
− OpEx
−$5.2K −$4.18/SF
NOI
$9.7K $7.76/SF
Area
Edinburg, TX
Vacancy
2.50%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
35.00%
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%
$193,920
Cap Rate 7%
$138,514
Cap Rate 9%
$107,733
Alternative Uses
Best Use
Flex RnD
$138.5K
$121.2K – $161.6K
NOI $9,696 @ 7.0% cap · market cap 3.34%
Second Best
Warehouse
$131.7K
$115.2K – $153.6K
NOI $9,218 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$324.3K
$283.8K – $378.4K
NOI $22,704 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Well-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 Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Corner site offers highway access, restrooms, and room for parking, storage, or future expansion.
Where is this flex space located?
The property is located at 10012 E State Highway 107 Edinburg, TX.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: 1,250‑square‑foot cinder block building constructed in 2002; More than half an acre with room for parking, storage, or expansion; Corner property directly on State Highway 107 in Edinburg, TX
