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    711 University Dr Edinburg, TX 78539

    For Sale
    $360,000

    High-visibility retail space with apartment.

    Property size:
    960 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, located at 711 E University Drive in Edinburg, Texas, presents a unique investment opportunity. The 960-square-foot building sits on a 0.08-acre lot and is currently configured as a jewelry store, offering immediate income potential. The versatile layout includes a main storefront area and three additional divided spaces, providing flexibility for various commercial uses. A significant advantage is the inclusion of a one-bedroom efficiency apartment located upstairs, adding to the property's rental income potential or providing convenient owner-occupied space. Its prime location in downtown Edinburg offers excellent visibility and accessibility, being approximately half a mile from the courthouse, three-quarters of a mile from the expressway, and only 1.5 miles from the University of Texas Rio Grande Valley (UTRGV). This strategic positioning ensures high foot traffic and easy access for customers and employees. The asking price for this property is $360,000. This is an ideal opportunity for an investor seeking a strong return or a business owner looking for a well-situated space with added residential amenities. Don't miss this chance to acquire a thriving commercial property in a rapidly growing area.

    Property Features for 711 University Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    960 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1988
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.15526
    Latitude
    26.30066

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility retail space with apartment.
    Where is this commercial real estate located?
    The property is located at 711 University Dr Edinburg, TX.
    What is the asking price?
    The asking price for this property is $360,000.
    (956) 520-2333
    Request Owner's contact information
    711 University Dr Edinburg, TX 78539
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    Edinburg, TX 78539
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    711 University Dr Edinburg, TX 78539
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