Office Building With Private
For Sale
$700,000
1303 Silver Ave, Donna, TX 78537
Downtown office property with flexible rooms, a garage, and additional attic storage or expansion capacity.
Property Size2,024 SF
Price / SF$345.85
Days on Market42
Property Features for 1303 Silver Ave
General Information
Standard status
Active
Size
2,024 SF
Additional Details
Office Units
6
Taxes and HOA fees
Annual Taxes
$5,084
Amenities
conference room
employee lounge
storage garage
attic space
Building Details
Buildings
1
Construction
barndominium
Listing Agency:
BIG Realty
(956) 587-2724
Listed By:
David Aguinaga
(956) 587-2724
Source:
Exprealty
Added: Jul 9
Changed: Aug 18
Last Checked: Aug 18 at 11:09AM
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 BIG Realty
Investment Insights
Based on property information with market context.
This 2,024-square-foot office building combines six private offices with a reception office, conference room, and employee lounge. The layout supports multiple work areas and allows the private offices to be leased individually. A storage garage adds room for equipment, inventory, or company vehicles.
An expansive 2,000+ square-foot attic provides substantial storage capacity or the possibility of future expansion, subject to buyer needs and applicable building requirements. The property is located in downtown Donna near City Hall and the Public Works District, placing businesses close to municipal facilities and central-area activity.
An expansive 2,000+ square-foot attic provides substantial storage capacity or the possibility of future expansion, subject to buyer needs and applicable building requirements. The property is located in downtown Donna near City Hall and the Public Works District, placing businesses close to municipal facilities and central-area activity.
Key Highlights
- Six private offices that can be leased individually
- Reception office, conference room, and employee lounge
- 2,024‑square‑foot office building
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
$33,856
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
4.84%
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%
$677,120
$677.1K
Cap Rate 7%
$483,657
$483.7K
Cap Rate 9%
$376,178
$376.2K
Market Conditions
NOI Build-Up for 2,024 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
$62.2K $30.72/SF
− Vacancy
−$17.0K −$8.42/SF
EGI
$45.1K $22.30/SF
− OpEx
−$11.3K −$5.58/SF
NOI
$33.9K $16.73/SF
Area
Hidalgo County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
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%
$677,120
Cap Rate 7%
$483,657
Cap Rate 9%
$376,178
Alternative Uses
Best Use
Office B
$483.7K
$423.2K – $564.3K
NOI $33,856 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.52M
$1.33M – $1.78M
NOI $106,715 @ 7.0% cap · market cap 15.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Office units
Location Intelligence
Trade Area within ½ mile
560
Businesses Nearby
Explore this area
Business Placement
Demographics for 78537, TX
51,962
Population
16,683
Households
3.1
Avg Household Size
28
Median Age
10%
College-Educated
54%
High-School Grad
57.6 sq mi
ZIP Area
902
Density / Sq Mi
$36,331
Median Household Income
$20,354
Median Earnings
$744
Median Rent
$74,700
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?
Office building - Downtown office property with flexible rooms, a garage, and additional attic storage or expansion capacity.
Where is this office building located?
The property is located at 1303 Silver Ave Donna, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Six private offices that can be leased individually; Reception office, conference room, and employee lounge; 2,024‑square‑foot office building
