Retail Space Near
New
For Sale
Contact for pricing
1704 N Sugar Road, Edinburg, TX 78541
A 2025-built space at the Sugar Road and Freddy Gonzalez Drive intersection offers a retail setting beside Walgreens.
Property Size2,513 SF
Price / SF$0.61
Days on Market2
Property Features for 1704 N Sugar Road
General Information
Standard status
Active
Size
2,513 SF
Property subtype
Commercial
Additional Details
Property Use
Office
Building Details
Year Built
2025
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Oct 31
Changed: Nov 1
Last Checked: Nov 1 at 12:06AM
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
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Investment Insights
Based on property information with market context.
This 2,513-square-foot retail space was built in 2025. Its corner location is at Sugar Road and Freddy Gonzalez Drive in Edinburg, beside Walgreens.
Key Highlights
- 2,513‑square‑foot retail space
- Built in 2025
- At the corner of Sugar Road and Freddy Gonzalez Drive
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,007
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,140
$560.1K
Cap Rate 7%
$400,100
$400.1K
Cap Rate 9%
$311,189
$311.2K
Market Conditions
NOI Build-Up for 2,513 SF
Gross rent
$43.7K $17.40/SF
− Vacancy
−$3.7K −$1.48/SF
EGI
$40.0K $15.92/SF
− OpEx
−$12.0K −$4.78/SF
NOI
$28.0K $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%
$560,140
Cap Rate 7%
$400,100
Cap Rate 9%
$311,189
Alternative Uses
Best Use
Retail
$400.1K
$350.1K – $466.8K
NOI $28,007 @ 7.0% cap · market cap 1,828.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$652.1K
$570.6K – $760.7K
NOI $45,644 @ 7.0% cap · market cap 2,979.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
Explore this area
Business Placement
Demographics for 78541, TX
48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
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
Frequently Asked Questions
What type of property is this?
Retail space - A 2025-built space at the Sugar Road and Freddy Gonzalez Drive intersection offers a retail setting beside Walgreens.
Where is this retail space located?
The property is located at 1704 N Sugar Road Edinburg, TX.
What are key features of this property?
This property features: 2,513‑square‑foot retail space; Built in 2025; At the corner of Sugar Road and Freddy Gonzalez Drive
