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Warehouse with Two Overhead Doors
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
Listed By: Jaime Lee Gonzalez
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.

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 (±1% cap)
NOI $161,046 @ 7.0% cap · market cap 10.23%
Second Best
Flex RnD
$1.25M
$1.09M – $1.45M (±1% cap)
NOI $87,244 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$2.92M
$2.55M – $3.40M (±1% cap)
NOI $204,282 @ 7.0% cap · market cap 12.97%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Real Estate Agency Kitchen & Bath Showroom Building Supply Storage Facility Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Drive-in doors

Location Intelligence

Trade Area within ½ mile

114
Businesses Nearby
Well-served
Demand for This Use

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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
More about this property
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