Multi-Office
New
For Sale
$960,000
116 S 12th Avenue, Edinburg, TX 78539
A flexible interior combines private work areas, meeting rooms, client reception, restrooms, and break space.
Property Size4,198 SF
Lot Size1.50 Acres
Price / SF$228.68
Days on Market6
Property Features for 116 S 12th Avenue
General Information
Standard status
Active
Size
4,198 SF
Total Parking Spaces
60
Lot size
1.50 Acres
Property subtype
Commercial
Occupancy
100%
Additional Details
Furnished
Yes
Business Included
Yes
Public Transit
Yes
Office Units
30
Building Details
Year Built
1993
Buildings
2
Construction
concrete
Tenancy
Multi
Owner Occupied
Yes
Listing Agency:
JBG Commercial
Listed By:
Kayle Hutchison · License #0661122
(512) 502-7804
Source:
Kmrealestate
Added: Oct 2
Changed: Oct 3
Last Checked: Oct 7 at 9:01AM
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 JBG Commercial
Investment Insights
Based on property information with market context.
This 4,198 SF office building, constructed in 1993, is arranged with multiple private offices, conference rooms, reception and waiting areas, restrooms, and break spaces. The varied work areas support a mix of individual offices and shared functions.
The property is in downtown Edinburg, directly across from the Hidalgo County Courthouse. The courthouse opened in 2025 as a seven-story judicial facility serving Hidalgo County. Central downtown surroundings include government offices, restaurants, businesses, professional services, and civic amenities.
The property is in downtown Edinburg, directly across from the Hidalgo County Courthouse. The courthouse opened in 2025 as a seven-story judicial facility serving Hidalgo County. Central downtown surroundings include government offices, restaurants, businesses, professional services, and civic amenities.
Key Highlights
- 4,198 SF office building
- Built in 1993
- Multiple private offices and conference rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,111
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,202,220
$1.2M
Cap Rate 7%
$858,729
$858.7K
Cap Rate 9%
$667,900
$667.9K
Market Conditions
NOI Build-Up for 4,198 SF
Gross rent
$93.2K $22.20/SF
− Vacancy
−$13.0K −$3.11/SF
EGI
$80.1K $19.09/SF
− OpEx
−$20.0K −$4.77/SF
NOI
$60.1K $14.32/SF
Area
Edinburg, TX
Vacancy
14.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,202,220
Cap Rate 7%
$858,729
Cap Rate 9%
$667,900
Alternative Uses
Best Use
Office B
$858.7K
$751.4K – $1.00M
NOI $60,111 @ 7.0% cap · market cap 6.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$953.1K – $1.27M
NOI $76,249 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
30
Office units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,148
Businesses Nearby
Explore this area
Business Placement
Demographics for 78539, TX
37,686
Population
15,759
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
84%
High-School Grad
12.2 sq mi
ZIP Area
3,089
Density / Sq Mi
$64,864
Median Household Income
$38,413
Median Earnings
$1,034
Median Rent
$198,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - A flexible interior combines private work areas, meeting rooms, client reception, restrooms, and break space.
Where is this office building located?
The property is located at 116 S 12th Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: 4,198 SF office building; Built in 1993; Multiple private offices and conference rooms
