Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2820 W University Dr Edinburg, TX 78542

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail property available for lease in Edinburg, Texas.

    Property size:
    13,225 SF
    Lot size:
    1.48 Acres

    Property Features for 2820 W University Dr

    General Information

    Size
    13,225 SF
    Lot size
    1.48 Acres

    We can help!

    Listing Contact
    Christian Gutierrez
    Christian Gutierrez
    Source: Moodyscre

    Listing Agent: Christian Gutierrez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space Available for Lease

    A retail property offering 13,225 square feet of space is available for lease. The property is located on W University Dr in Edinburg, Texas.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1938579
    Latitude
    26.3054917

    Nearby Similar for Lease

    • $4,500 /Mo
      2,600 SF

      Prime Edinburg Commercial Property

      High-visibility commercial space ideal for retail or office use.
      5515 S Sugar Rd, Edinburg, TX 78539
      View Details
    • $25,000
      24,692 SF

      Edinburg Industrial Warehouse Opportunity

      25,000 SF warehouse with dock-high loading bays for rent.
      835 W Chapin St, Edinburg, TX 78541
      View Details
    • New
      $4,375 /Mo
      4,375 SF

      Edinburg Commercial Property For Rent

      Versatile commercial property with warehouse and office space available for rent.
      7207 E Curry Rd, Edinburg, TX 78542
      View Details
    • $10,500 /Mo
      9,000 SF

      Edinburg Commercial Property for Rent

      Versatile commercial property in high-traffic location, suitable for various businesses.
      3304 W Alberta Rd, Edinburg, TX 78539
      View Details
    • $6,900 /Mo
      4,644 SF

      Medical Office Space Available

      Prime medical office space for lease in North McAllen.
      2401 Cornerstone Blvd, Edinburg, TX 78539
      View Details
    • $3,000 /Mo
      7,760 SF

      Spacious Warehouse with Residential House

      Warehouse and house on 3.17 acres near McAllen.
      32906 West Fm 681, Edinburg, TX 78541
      View Details
    • $1,500 /Mo
      800 SF

      Prime Retail Space in Edinburg

      Modern retail/office space near Highway 281 and UTRGV.
      1724 E University Dr, Edinburg, TX 78542
      View Details
    • $340 /Mo

      Orange Grove RV and Mobile

      RV and mobile home resort with a friendly atmosphere.
      5005 E State Highway 107, Edinburg, TX 78542
      View Details
    • $1,800 /Mo
      1,200 SF

      Move-in Ready Salon Space Available

      Fully equipped salon space in high-traffic area near UTRGV.
      725 S Raul Longoria Rd, Edinburg, TX 78542
      View Details
    • $3,100 /Mo

      RV and Mobile Home Resort

      RV and mobile home resort in Edinburg, Texas.
      5005 E State Highway 107, Edinburg, TX 78542
      View Details
    • $4,500 /Mo
      1,228 SF

      Edinburg Industrial Property For Lease

      High-traffic location ideal for light industrial use with ample parking.
      9001 N Us Highway 281, Edinburg, TX 78541
      View Details
    • $2,025 /Mo
      1,125 SF

      New Commercial Space in Edinburg

      Brand-new commercial space with excellent visibility and endless potential.
      2205 S Alamo Rd, Edinburg, TX 78542
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail property available for lease in Edinburg, Texas.
    Where is this retail property located?
    The property is located at 2820 W University Dr Edinburg, TX.
    What are key features of this property?
    This property features: - Retail property available for lease; - Located in Edinburg, Texas
    (956) 412-7273
    Request Owner's contact information
    2820 W University Dr Edinburg, TX 78542
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2820 W University Dr
    Edinburg, TX 78542
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2820 W University Dr Edinburg, TX 78542
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Christian Gutierrez
    Christian Gutierrez
    (956) 412-7273
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.