Commercial Corner Lot with
For Sale
$3,900,000
1702 S State Highway 336, Edinburg, TX 78539
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 Market82
Property Features for 1702 S State Highway 336
General Information
Standard status
Active
Size
18,628 SF
Lot size
4.40 Acres
Additional Details
Office Units
3
Listing Agency:
WINNERS CIRCLE
(956) 888-0052
Listed By:
Candice Clayton
(956) 888-0052
Source:
Exprealty
Added: May 10
Changed: Jul 21
Last Checked: Jul 29 at 5:26PM
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.
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 authorities.
Property Analytics
Current Use
Lease Details
3
Office units
Location Intelligence
Trade Area within ½ mile
184
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78539, TX
37,686
Population
15,759
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
84%
High-School Grad
12.2 sq mi
ZIP Area
3,089
Density / Sq Mi
$64,864
Median Household Income
$38,413
Median Earnings
$1,034
Median Rent
$198,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
Frequently Asked Questions
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.
