Divisible Office-Warehouse Flex
New
For Sale
$950,000
12513 Bail Bond Drive, Edinburg, TX 78542
Office suites connect to a warehouse with loading access and a divisible layout.
Property Size10,851 SF
Price / SF$87.55
Days on Market6
Property Features for 12513 Bail Bond Drive
General Information
Standard status
Active
Size
10,851 SF
Property subtype
Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
conference rooms
kitchenettes
storage closets
private restrooms
Building Details
Building Size
10,851 SF
Buildings
1
Stories
1
Listing Agency:
Coldwell Banker La Mansion
(956) 458-7089
Listed By:
Frankie Velasco · License #671447
(956) 458-7089
Source:
Cbcworldwide
Added: Aug 19
Changed: Aug 24
Last Checked: Aug 23 at 2:56AM
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 Coldwell Banker La Mansion
Investment Insights
Based on property information with market context.
This 10,851-square-foot flex property combines office and warehouse components in a configuration that can be divided between two building entrances. The office portion includes individual suites, conference rooms, kitchenettes, storage closets, and private restrooms. An attached warehouse provides concrete flooring, additional overhead space, and a ground-level loading area with access through the office section.
Situated at 12513 Bail Bond Dr in North Edinburg, the property offers access along Highway 281 for travel north toward distribution channels outside the RGV and south through the region. The combination of office amenities, warehouse capacity, and separate east and south entrances supports a range of commercial layouts within one building.
Situated at 12513 Bail Bond Dr in North Edinburg, the property offers access along Highway 281 for travel north toward distribution channels outside the RGV and south through the region. The combination of office amenities, warehouse capacity, and separate east and south entrances supports a range of commercial layouts within one building.
Key Highlights
- 10,851‑square‑foot flex property combining office and warehouse areas
- Two entrances on the east and south sides support divisibility
- Office component includes suites, conference rooms, kitchenettes, storage closets, and private restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$84,172
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,683,440
$1.7M
Cap Rate 7%
$1,202,457
$1.2M
Cap Rate 9%
$935,244
$935.2K
Market Conditions
NOI Build-Up for 10,851 SF
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.
Gross rent
$132.8K $12.24/SF
− Vacancy
−$3.3K −$0.31/SF
EGI
$129.5K $11.93/SF
− OpEx
−$45.3K −$4.18/SF
NOI
$84.2K $7.76/SF
Area
Edinburg, TX
Vacancy
2.50%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,683,440
Cap Rate 7%
$1,202,457
Cap Rate 9%
$935,244
Alternative Uses
Best Use
Office B
$2.22M
$1.94M – $2.59M
NOI $155,375 @ 7.0% cap · market cap 16.36%
Second Best
Flex RnD
$1.20M
$1.05M – $1.40M
NOI $84,172 @ 7.0% cap · market cap 8.86%
Theoretical Best
Office A
$2.82M
$2.46M – $3.28M
NOI $197,089 @ 7.0% cap · market cap 20.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78542, TX
84,678
Population
25,198
Households
3.4
Avg Household Size
28
Median Age
13%
College-Educated
64%
High-School Grad
176.0 sq mi
ZIP Area
481
Density / Sq Mi
$52,962
Median Household Income
$30,377
Median Earnings
$876
Median Rent
$123,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Office suites connect to a warehouse with loading access and a divisible layout.
Where is this flex space located?
The property is located at 12513 Bail Bond Drive Edinburg, TX.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 10,851‑square‑foot flex property combining office and warehouse areas; Two entrances on the east and south sides support divisibility; Office component includes suites, conference rooms, kitchenettes, storage closets, and private restrooms
