Commercial Corner Lot with
1702 S State Highway 336 Edinburg, TX 78539
1702 S State Highway 336, Edinburg, TX, 78539
$3,900,000
For Sale
$3,900,000
Hard-corner site with a daycare facility plus an office building containing three office spaces available for lease.
Property Size18,628 SF
Lot Size4.40 Acres
Price / SF$209.36
Days on Market73
Property Features for 1702 S State Highway 336
General Information
- Standard status
- Active
- Size
- 18,628 SF
- Lot size
- 4.40 Acres
Listing agency
WINNERS CIRCLE
(956) 888-0052
Listed by
Candice Clayton
(956) 888-0052
Source
Exprealty
Added: May 10 Updated: Jul 21 at 5:24AM Checked: Jul 21 at 5:24AM
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 WINNERS CIRCLE
Investment Insights
Based on property information with market context.
This hard-corner commercial property is being sold as a combined parcel totaling 4.40 acres (3.42 acres and 0.98 acres) and includes existing improvements. The site features a daycare facility and an office building with three office spaces available for lease.
The property is located on the corner of W Freddy Gonzalez Dr and N 10th St and is offered with visibility and accessibility typical of a corner location. A new Lone Star Bank location is directly across the street.
With both a childcare use and income-producing office space already in place, the property offers a mixed configuration on the combined land parcels.
The property is located on the corner of W Freddy Gonzalez Dr and N 10th St and is offered with visibility and accessibility typical of a corner location. A new Lone Star Bank location is directly across the street.
With both a childcare use and income-producing office space already in place, the property offers a mixed configuration on the combined land parcels.
Key Highlights
- Hard‑corner commercial site at W Freddy Gonzalez Dr & N 10th St, offered as 4.40 total acres (3.42 AC + 0.98 AC).
- Includes an existing daycare facility for immediate use or income potential.
- Also includes an office building with three office spaces available for lease.
Local Financial Insights For Office B
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 | $413.5k | $22.20 |
| − Vacancy | −$57.9k | −$3.11 |
| EGI | $355.6k | $19.09 |
| − OpEx | −$88.9k | −$4.77 |
| NOI | $266.7k | $14.32 |
18,628 SF · lease $22.20/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.81M
$3.33M – $4.45M
NOI $266,734 @ 7.0% cap · market cap 6.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.83M
$4.23M – $5.64M
NOI $338,344 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Day care centers
Similar For Sale Nearby
Similar Off Market Nearby
- Cayetano Cavazos Elementary School — 1501 Freddy Gonzalez Dr, McAllen, TX 78504
- Hidalgo County Head Start Program — 1901 TX-107, McAllen, TX 78504
- Sesame St Day Care — 4014 W Sprague St, Edinburg, TX 78539
- Learnrgv — 1702 N 10th St Suite A, Edinburg, TX 78539
FAQs
What type of property is this?
Day care center - Hard-corner site with a daycare facility plus an office building containing three office spaces available for lease.
Where is this day care center located?
The property is located at 1702 S State Highway 336 Edinburg, TX.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Hard‑corner commercial site at W Freddy Gonzalez Dr & N 10th St, offered as 4.40 total acres (3.42 AC + 0.98 AC).; Includes an existing daycare facility for immediate use or income potential.; Also includes an office building with three office spaces available for lease.
