Downtown Showroom
New
For Sale
Contact for pricing
1009 W Harrison Avenue Unit 1, Harlingen, TX 78550
The 1961 commercial unit fronts West Harrison Avenue in downtown Harlingen.
Property Size3,920 SF
Price / SF$1.04
Days on Market2
Property Features for 1009 W Harrison Avenue Unit 1
General Information
Standard status
Active
Size
3,920 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Building Details
Year Built
1961
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 4:00PM
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 SANETI REALTY GROUP
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This showroom unit contains 3,920 square feet and was built in 1961. It is located at 1009 W Harrison Avenue, Unit 1, in Harlingen.
The property fronts West Harrison Avenue in downtown Harlingen.
The property fronts West Harrison Avenue in downtown Harlingen.
Key Highlights
- 3,920‑square‑foot showroom unit
- Built in 1961
- Frontage on West Harrison Avenue in downtown Harlingen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,301
Suggested Prices Based on Cap Rates
Cap Rate 5%
$746,020
$746.0K
Cap Rate 7%
$532,871
$532.9K
Cap Rate 9%
$414,456
$414.5K
Market Conditions
NOI Build-Up for 3,920 SF
Gross rent
$56.4K $14.40/SF
− Vacancy
−$3.2K −$0.81/SF
EGI
$53.3K $13.59/SF
− OpEx
−$16.0K −$4.08/SF
NOI
$37.3K $9.52/SF
Area
Cameron County, TX
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$746,020
Cap Rate 7%
$532,871
Cap Rate 9%
$414,456
Alternative Uses
Best Use
Retail
$532.9K
$466.3K – $621.7K
NOI $37,301 @ 7.0% cap · market cap 915.14%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$675.0K
$590.6K – $787.5K
NOI $47,247 @ 7.0% cap · market cap 1,159.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,358
Businesses Nearby
154k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 32%
Groceries 10%
Golden Corral
Dining
18,621 visits/mo
0.4 miles
La Michoacana Meat Market
Groceries
15,469 visits/mo
0.1 miles
Jack in the Box
Dining
15,299 visits/mo
0.4 miles
Buffalo Wild Wings
Dining
13,093 visits/mo
0.4 miles
Applebee's
Dining
12,391 visits/mo
0.4 miles
Demographics for 78550, TX
56,038
Population
22,347
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
77%
High-School Grad
94.2 sq mi
ZIP Area
595
Density / Sq Mi
$51,524
Median Household Income
$32,065
Median Earnings
$863
Median Rent
$120,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Elite Crete Systems Southern Texas — 1121 S Expressway 83, Harlingen, TX 78550
- Carpet & Flooring Installation Pro — 202 S 1st St, Harlingen, TX 78550
- Romans Interiors — 406 W Jackson Ave, Harlingen, TX 78550
Frequently Asked Questions
What type of property is this?
Showroom - The 1961 commercial unit fronts West Harrison Avenue in downtown Harlingen.
Where is this showroom located?
The property is located at 1009 W Harrison Avenue Unit 1 Harlingen, TX.
What are key features of this property?
This property features: 3,920‑square‑foot showroom unit; Built in 1961; Frontage on West Harrison Avenue in downtown Harlingen
