Tenant-Occupied Retail
For Sale
$222,500
1308 S Tower Road, Edinburg, TX 78542
Tenant-occupied storefront with strong road frontage and convenient access near Highway 107.
Property Size1,104 SF
Lot Size0.50 Acres
Price / SF$201.54
Days on Market54
Property Features for 1308 S Tower Road
General Information
Standard status
Active
Size
1,104 SF
Lot size
0.50 Acres
Property subtype
General Commercial
Additional Details
Business Included
Yes
Building Details
Year Built
2006
Listing Agency:
(956) 563-3702
Listed By:
Tnt Real Estate
(956) 563-3702
Source:
Xome
Added: Jun 7
Changed: Jul 10
Last Checked: Jul 28 at 5:07PM
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 Tnt Real Estate
Investment Insights
Based on property information with market context.
This tenant-occupied retail storefront offers approximately 1,104 SF of building space on roughly 0.5 acres. The property is presented as an income-producing commercial opportunity, with showings available by appointment only. Prospective buyers should verify all information during due diligence.
The site is located along Tower Road in Edinburg, TX, providing excellent frontage and visibility from the roadway. It also offers convenient access to Highway 107, supporting everyday customer access and straightforward ingress/egress.
The current tenant-occupied setup may appeal to investors looking for immediate rental income, as well as owner-users who plan to take over operations after lease considerations. Because the offering is sold with a tenant in place, scheduling access and confirming lease terms will be important parts of the buying process.
The site is located along Tower Road in Edinburg, TX, providing excellent frontage and visibility from the roadway. It also offers convenient access to Highway 107, supporting everyday customer access and straightforward ingress/egress.
The current tenant-occupied setup may appeal to investors looking for immediate rental income, as well as owner-users who plan to take over operations after lease considerations. Because the offering is sold with a tenant in place, scheduling access and confirming lease terms will be important parts of the buying process.
Key Highlights
- Tenant‑occupied commercial storefront with approximately 1,104 SF of building space
- Situated on approximately 0.5 acres with strong frontage along Tower Road
- 14 paved parking spaces plus handicap parking
Financial Insights For Retail
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 | $19.2k | $17.40 |
| − Vacancy | −$1.6k | −$1.48 |
| EGI | $17.6k | $15.92 |
| − OpEx | −$5.3k | −$4.78 |
| NOI | $12.3k | $11.14 |
1,104 SF · lease $17.40/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$175.8K
$153.8K – $205.1K
NOI $12,304 @ 7.0% cap · market cap 5.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$286.5K
$250.7K – $334.2K
NOI $20,052 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Balanced
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 Retail 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?
Storefront property - Tenant-occupied storefront with strong road frontage and convenient access near Highway 107.
Where is this storefront property located?
The property is located at 1308 S Tower Road Edinburg, TX.
What is the asking price?
The asking price for this property is $222,500.
What are key features of this property?
This property features: Tenant‑occupied commercial storefront with approximately 1,104 SF of building space; Situated on approximately 0.5 acres with strong frontage along Tower Road; 14 paved parking spaces plus handicap parking
