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Retail Space in Strip Center
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12800 W Monte Cristo Road Unit 60, Edinburg, TX 78542

The center includes a laundromat, a front drive-through, and more than 30 parking spaces.

Property Size7,105 SF
Price / SF$0.17
Days on Market2

Property Features for 12800 W Monte Cristo Road Unit 60

General Information

Standard status Active
Size 7,105 SF
Property subtype Commercial

Building Details

Year Built 2014
Listing Agency: SANETI REALTY GROUP
Listed By: Alberto Sanchez
Source: Sanetirealty
Added: Nov 1 Last Checked: Nov 1 at 3:21PM

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 SANETI REALTY GROUP

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Retail space is offered within a strip center at 12800 W Monte Cristo Road, Unit 60, in Edinburg. The center includes an established laundromat and a drive-through at the front. The property was built in 2014 and has more than 30 parking spaces.

Key Highlights

  • Retail space in a strip center
  • Established laundromat in the center
  • Drive‑through at the front of the center

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$79,183
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,583,660 $1.6M
Cap Rate 7%
$1,131,186 $1.1M
Cap Rate 9%
$879,811 $879.8K
Market Conditions
NOI Build-Up for 7,105 SF
Gross rent
$123.6K $17.40/SF
− Vacancy
−$10.5K −$1.48/SF
EGI
$113.1K $15.92/SF
− OpEx
−$33.9K −$4.78/SF
NOI
$79.2K $11.14/SF
Area
Edinburg, TX
Vacancy
8.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,583,660
Cap Rate 7%
$1,131,186
Cap Rate 9%
$879,811

Alternative Uses

Best Use
Retail
$1.13M
$989.8K – $1.32M (±1% cap)
NOI $79,183 @ 7.0% cap · market cap 6,665.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M (±1% cap)
NOI $129,050 @ 7.0% cap · market cap 10,862.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Furniture & Home Goods Hair Salon (Bike/Boat/Book/etc) Store Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
9,995 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The center includes a laundromat, a front drive-through, and more than 30 parking spaces.
Where is this retail space located?
The property is located at 12800 W Monte Cristo Road Unit 60 Edinburg, TX.
What are key features of this property?
This property features: Retail space in a strip center; Established laundromat in the center; Drive‑through at the front of the center
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Includes: Price & PSF · Cap rate · Location · Zoning

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