Office Unit with Highway
New
For Sale
Contact for pricing
1801 E US Highway 281 Unit 4, Hidalgo, TX 78557
The suite has a reception area, a work area, and water service included.
Property Size900 SF
Price / SF$0.92
Days on Market1
Property Features for 1801 E US Highway 281 Unit 4
General Information
Standard status
Active
Size
900 SF
Net Rentable
900 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Property Use
Mixed Use
Building Details
Year Built
2014
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 1:45AM
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 900-square-foot office unit was built in 2014 and includes a bathroom, an office, a reception area, and a work area. The landlord permits tenant customization, and water is included.
Signage may be placed along Bus US Hwy 281, described as a highly trafficked route.
Signage may be placed along Bus US Hwy 281, described as a highly trafficked route.
Key Highlights
- 900 square feet of rentable office space
- Built in 2014
- One bathroom, with an office, reception area, and work area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,054
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,080
$301.1K
Cap Rate 7%
$215,057
$215.1K
Cap Rate 9%
$167,267
$167.3K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$27.6K $30.72/SF
− Vacancy
−$7.6K −$8.42/SF
EGI
$20.1K $22.30/SF
− OpEx
−$5.0K −$5.58/SF
NOI
$15.1K $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 Rate 5%
$301,080
Cap Rate 7%
$215,057
Cap Rate 9%
$167,267
Alternative Uses
Best Use
Office B
$215.1K
$188.2K – $250.9K
NOI $15,054 @ 7.0% cap · market cap 1,824.73%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$677.9K
$593.2K – $790.9K
NOI $47,453 @ 7.0% cap · market cap 5,751.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
221
Businesses Nearby
Explore this area
Business Placement
Demographics for 78557, TX
13,986
Population
4,141
Households
3.4
Avg Household Size
30
Median Age
23%
College-Educated
70%
High-School Grad
16.6 sq mi
ZIP Area
843
Density / Sq Mi
$53,667
Median Household Income
$32,109
Median Earnings
$849
Median Rent
$156,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The suite has a reception area, a work area, and water service included.
Where is this office unit located?
The property is located at 1801 E US Highway 281 Unit 4 Hidalgo, TX.
What are key features of this property?
This property features: 900 square feet of rentable office space; Built in 2014; One bathroom, with an office, reception area, and work area
