Brick Retail Office
108 N Nebraska Ave San Juan, TX 78589
108 N Nebraska Ave, San Juan, TX, 78589
$229,000
For Sale
$229,000
Brick building on a parking lot with C-1 zoning in a well-trafficked business area along Nebraska Ave.
Property Size448 SF
Price / SF$511.16
Days on Market185
Property Features for 108 N Nebraska Ave
General Information
- Standard status
- Active
- Size
- 448 SF
Listing agency
Encore Fine Properties
(956) 821-6170
Listed by
David M. Olivarez
(956) 279-4916
Source
Exprealty
Added: Jan 17 Updated: Jul 21 at 4:05AM Checked: Jul 21 at 4:05AM
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 Encore Fine Properties
Investment Insights
Based on property information with market context.
This brick commercial building includes an on-site parking lot and is currently being leased. The property is positioned for multiple neighborhood-serving uses, including professional offices, medical services, financial services, personal services, retail businesses, food and beverage, community care facilities, and specialty studios, subject to applicable requirements.
The site is described as being in the heart of San Juan, Texas, with several businesses across the street and along Nebraska Ave, supporting everyday storefront and service activity. C-1 zoning is indicated per the San Juan City GIS online map.
Buyers are responsible for verifying all details and conducting independent investigations regarding the property’s suitability for their intended purpose. No guarantees or warranties are provided regarding completeness or accuracy.
The site is described as being in the heart of San Juan, Texas, with several businesses across the street and along Nebraska Ave, supporting everyday storefront and service activity. C-1 zoning is indicated per the San Juan City GIS online map.
Buyers are responsible for verifying all details and conducting independent investigations regarding the property’s suitability for their intended purpose. No guarantees or warranties are provided regarding completeness or accuracy.
Key Highlights
- Brick commercial building on a parking lot in the heart of San Juan, TX
- C‑1 zoning per San Juan City GIS online map
- Located in a well‑traffic business area along Nebraska Ave, with businesses across the street and along Nebraska Ave
Local Financial Insights For Office B
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 | $13.8k | $30.72 |
| − Vacancy | −$3.8k | −$8.42 |
| EGI | $10.0k | $22.30 |
| − OpEx | −$2.5k | −$5.58 |
| NOI | $7.5k | $16.73 |
448 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$107.1K
$93.7K – $124.9K
NOI $7,494 @ 7.0% cap · market cap 3.27%
Second Best
Healthcare Medical
$94.7K
$82.9K – $110.5K
NOI $6,629 @ 7.0% cap · market cap 2.89%
Theoretical Best
Hotel Hospitality
$337.4K
$295.3K – $393.7K
NOI $23,621 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Brick building on a parking lot with C-1 zoning in a well-trafficked business area along Nebraska Ave.
Where is this office building located?
The property is located at 108 N Nebraska Ave San Juan, TX.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Brick commercial building on a parking lot in the heart of San Juan, TX; C‑1 zoning per San Juan City GIS online map; Located in a well‑traffic business area along Nebraska Ave, with businesses across the street and along Nebraska Ave
