Grey Shell Retail
New
For Sale
Contact for pricing
1801 N Veterans Boulevard Unit 5, San Juan, TX 78589
New construction offers a customizable interior for a tenant’s buildout.
Property Size1,802 SF
Price / SF$0.01
Days on Market1
Property Features for 1801 N Veterans Boulevard Unit 5
General Information
Standard status
Active
Size
1,802 SF
Property subtype
Commercial
Additional Details
Condition
Shell
Property Use
Office
Building Details
Year Built
2026
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 4:01PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,802-square-foot retail space at 1801 N Veterans Boulevard, Unit 5, in San Juan is under construction, with completion expected by the end of the year. Delivered as a grey shell, the interior can be configured by the tenant. The property is identified as year built 2026.
The space is presented as suitable for retail, office, medical, or professional use.
The space is presented as suitable for retail, office, medical, or professional use.
Key Highlights
- 1,802 square feet of first‑generation commercial space
- Grey‑shell delivery allows tenant interior customization
- Under construction; completion expected by the end of the year
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,331
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,620
$486.6K
Cap Rate 7%
$347,586
$347.6K
Cap Rate 9%
$270,344
$270.3K
Market Conditions
NOI Build-Up for 1,802 SF
Gross rent
$37.0K $20.52/SF
− Vacancy
−$2.2K −$1.23/SF
EGI
$34.8K $19.29/SF
− OpEx
−$10.4K −$5.79/SF
NOI
$24.3K $13.50/SF
Area
Hidalgo County, TX
Vacancy
6.00%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,620
Cap Rate 7%
$347,586
Cap Rate 9%
$270,344
Alternative Uses
Best Use
Retail
$347.6K
$304.1K – $405.5K
NOI $24,331 @ 7.0% cap · market cap 101,379.17%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.36M
$1.19M – $1.58M
NOI $95,010 @ 7.0% cap · market cap 395,875.00%
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
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
Explore this area
Business Placement
Demographics for 78589, TX
38,987
Population
12,393
Households
3.1
Avg Household Size
32
Median Age
13%
College-Educated
62%
High-School Grad
25.5 sq mi
ZIP Area
1,529
Density / Sq Mi
$51,662
Median Household Income
$27,679
Median Earnings
$926
Median Rent
$112,400
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 - New construction offers a customizable interior for a tenant’s buildout.
Where is this retail space located?
The property is located at 1801 N Veterans Boulevard Unit 5 San Juan, TX.
What are key features of this property?
This property features: 1,802 square feet of first‑generation commercial space; Grey‑shell delivery allows tenant interior customization; Under construction; completion expected by the end of the year
