Warehouse with Two Overhead
For Sale
$1,575,000
1222 N Closner Boulevard, Edinburg, TX 78541
COMMERCIAL - Edinburg, TX
Property Size11,247 SF
Lot Size5.25 Acres
Price / SF$140.04
Days on Market32
Property Features for 1222 N Closner Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CO
Parking
23
Appliances
Water Heater (None)
Subdivision
Tex-Mex Survey
Directions
Head west on University Dr/107, turn right on 12th Ave, turn left McIntyre St, turn right on Bus. 281/Closner Blvd and head north. Property will be on the right hand side before Collison Center.
Standard status
Active
APN
T210000241001002
Size
11,247 SF
Lot size
5.25 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
12185
Building Details
Year built
1981
Floors in Building
1
Building materials
Aluminum Siding, Brick
Roof type
Metal, Shingle
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Jaime Lee Gonzalez
(956) 599-8400
Added: Jun 30
Changed: Jul 29
Last Checked: Jul 31 at 9:06AM
MLS# 420779
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property includes a 9,375 square foot warehouse with two overhead doors, along with a separate 1,872 square foot office building. The overall configuration supports combined warehouse and office use on-site.
Located at 1222 N Closner Boulevard in Edinburg, Texas, the site is described as being in a high-traffic area with strong accessibility. The property sits on a 5.25-acre lot and is offered with CO zoning noted for the site.
Located at 1222 N Closner Boulevard in Edinburg, Texas, the site is described as being in a high-traffic area with strong accessibility. The property sits on a 5.25-acre lot and is offered with CO zoning noted for the site.
Key Highlights
- 9,375 SF warehouse with 2 overhead doors
- Separate 1,872 SF office building
- 5.25‑acre lot
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
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - 9,375 SF warehouse with two overhead doors alongside a separate 1,872 SF office building.
Where is this flex space 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; Separate 1,872 SF office building; 5.25‑acre lot