Warehouse with Standalone
For Sale
$1,575,000
1222 N Closner Boulevard, Edinburg, TX 78541
Warehouse offering overhead access and a separate office building on a 5.25-acre lot.
Property Size11,247 SF
Lot Size5.25 Acres
Price / SF$140.04
Days on Market1036
Property Features for 1222 N Closner Boulevard
General Information
Standard status
Active
Size
11,247 SF
Lot size
5.25 Acres
Property subtype
General Commercial
Additional Details
Drive-In Doors
2
Building Details
Year Built
1981
Listing Agency:
Keller Williams Realty Rgv
(956) 599-8400
Listed By:
Jaime Gonzalez
(956) 599-8400
Source:
Xome
Added: Oct 2, 2023
Changed: Jul 10
Last Checked: Aug 1 at 3:20AM
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 Keller Williams Realty Rgv
Investment Insights
Based on property information with market context.
The property includes a 9,375 sq ft warehouse with two convenient overhead doors, supported by a separate 1,872 sq ft office building. This combination provides dedicated space for storage and day-to-day operations, with office space on site for administrative needs.
The site is positioned in a high-traffic area and is described as having great accessibility, supported by its expansive lot size of 5.25 acres. The overall parcel offers ample outdoor area to support business operations and vehicle activity associated with warehouse use.
Designed for tenants and operators seeking practical warehouse space with office support, the layout fits uses such as warehouse utilization and product storage. The standalone office building can also support internal functions like management or customer-facing work, while the warehouse configuration supports straightforward loading and unloading through the overhead doors.
The site is positioned in a high-traffic area and is described as having great accessibility, supported by its expansive lot size of 5.25 acres. The overall parcel offers ample outdoor area to support business operations and vehicle activity associated with warehouse use.
Designed for tenants and operators seeking practical warehouse space with office support, the layout fits uses such as warehouse utilization and product storage. The standalone office building can also support internal functions like management or customer-facing work, while the warehouse configuration supports straightforward loading and unloading through the overhead doors.
Key Highlights
- 9,375 SF warehouse with 2 overhead doors for warehouse use and product storage
- Separate 1,872 SF office building
- 5.25‑acre lot with city road and paved road frontage/access
Financial Insights For Flex RnD
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 | $137.7k | $12.24 |
| − Vacancy | −$3.4k | −$0.31 |
| EGI | $134.2k | $11.93 |
| − OpEx | −$47.0k | −$4.18 |
| NOI | $87.2k | $7.76 |
11,247 SF · lease $12.24/SF/yr · vacancy 2.50% · expense 35.00%
Alternative Uses
Best Use
Office B
$2.30M
$2.01M – $2.68M
NOI $161,046 @ 7.0% cap · market cap 10.23%
Second Best
Flex RnD
$1.25M
$1.09M – $1.45M
NOI $87,244 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$2.92M
$2.55M – $3.40M
NOI $204,282 @ 7.0% cap · market cap 12.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78541, TX
48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
Median Home Value
Market
Properties on Market for Warehouses in Edinburg
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse offering overhead access and a separate office building on a 5.25-acre lot.
Where is this warehouse located?
The property is located at 1222 N Closner Boulevard Edinburg, TX.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: 9,375 SF warehouse with 2 overhead doors for warehouse use and product storage; Separate 1,872 SF office building; 5.25‑acre lot with city road and paved road frontage/access