Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Prime Development Land on Veterans Title is generated by Realmo AI

    1923 N Veterans Boulevard, San Juan, TX 78589

    View on Map
    Claim this Listing
    New
    For Sale
    $824,900

    COMMERCIAL - San Juan, TX

    Lot size:
    5.45 Acres
    Added:
    May 7, 2026
    Days on Market:
    5
    Last Refresh:
    May 11 at 10:06 pm

    Property Features for 1923 N Veterans Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C2
    Standard status
    Active
    APN
    J570000005001005
    Lot size
    5.45 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6350

    We can help!

    Listing Contact
    Diana Martinez-Moon

    Listing agent Diana Martinez-Moon

    Listing office RE/MAX Platinum 1200 Auburn Ave Suite 285 Suite 220, McAllen, TX

    Listing date May 7, 2026

    MLS# 493258 Listing URL

    Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime 5.45‑acre development opportunity.
    • Located on N. Veterans Blvd, a high‑traffic corridor with over 22,000 vehicles per day.
    • Approximately 197 feet of frontage on a 4‑lane arterial roadway.
    • Immediate connectivity to I‑2 and I‑69C.
    • Direct access to key international trade routes to Mexico.
    • Surrounded by expanding residential neighborhoods and growing commercial activity.

    Overview

    This 5.45-acre vacant commercial land is located along N. Veterans Blvd in San Juan. The property features approximately 197 feet of frontage on a 4-lane arterial roadway with traffic counts exceeding 22,000 vehicles per day. Positioned between SH 495 (Ferguson Ave) and Sioux Rd, the property benefits from connectivity to I-2 and I-69C, providing access to other cities and international trade routes to Mexico. The site is surrounded by residential neighborhoods and commercial activity. It presents an opportunity for retail development, professional offices, multi-family housing, mixed-use projects, or residential subdivision.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Juan
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1627934
    Latitude
    26.2142718

    Nearby Similar for Sale

    • $600,000
      5,150 SF

      San Juan Commercial Opportunity

      Versatile office and warehouse space in a thriving business hub.
      520 N Veterans Boulevard, San Juan, TX 78589
      View Details
    • $950,000
      3,264 SF

      Mixed-Use Property in High-Visibility Location

      Versatile property with redevelopment potential in a rapidly developing corridor.
      3901 N Raul Longoria Road, San Juan, TX 78589
      View Details
    • $486,000
      840 SF

      Established Auto Service Business

      Established auto service business for sale in San Juan, TX.
      813 W Fm 495, San Juan, TX 78589
      View Details
    • $430,000
      4,480 SF

      Income-Producing 4-Plex Built in 2020

      Well-kept 4-plex with strong rental potential, built in 2020.
      300 S Ridge Lane, San Juan, TX 78589
      View Details
    • $1,690,000
      9,331 SF

      San Juan Commercial Plaza

      Fully leased commercial plaza in San Juan, Texas for sale.
      302 E Business 83, San Juan, TX 78596
      View Details
    • $625,000

      9.3 Acres in San Juan

      9.3 acres suitable for truck yard or industrial business.
      2301 North Cesar Chavez Road, San Juan, TX 78589
      View Details
    • $269,900
      448 SF

      Commercial Building in San Juan, TX

      Commercial building in high-traffic area suitable for various businesses.
      108 N Nebraska Avenue, San Juan, TX 78589
      View Details
    • $529,000
      4,322 SF

      Turnkey Fourplex in San Juan

      Fully rented fourplex in desirable location near Expressway 83.
      1609 Angelina Drive, San Juan, TX 78589
      View Details
    • $525,000
      4,322 SF

      Modern Fourplex in San Juan

      Contemporary four-unit multifamily property in a desirable location.
      1700 Angelina Drive, San Juan, TX 78589
      View Details
    • $450,000
      1,482 SF

      San Juan Commercial Land

      Prime commercial land in rapidly growing San Juan, Texas.
      701 E Sgt. Leonel Trevino Road, San Juan, TX 78589
      View Details
    • $199,000
      2,496 SF

      San Juan Triplex Plus House

      Income-generating triplex with bonus house in prime San Juan location.
      905 S Lincoln Avenue, San Juan, TX 78589
      View Details
    • $510,000
      4,032 SF

      San Juan Four-Plex Investment

      Four-plex in gated community near expressway, restaurants, and schools.
      100 Lauryn Drive, San Juan, TX 78589
      View Details

    FAQs

    What type of property is this?
    Commercial land - 5.45-acre commercial land with high-traffic frontage in San Juan.
    Where is this commercial land located?
    The property is located at 1923 N Veterans Boulevard San Juan, TX.
    What is the asking price?
    The asking price for this property is $824,900.
    What are key features of this property?
    This property features: Prime 5.45‑acre development opportunity.; Located on N. Veterans Blvd, a high‑traffic corridor with over 22,000 vehicles per day.; Approximately 197 feet of frontage on a 4‑lane arterial roadway.
    (956) 456-6103
    We can help!
    Listing Contact
    Diana Martinez-Moon
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1923 N Veterans Boulevard, San Juan, TX 78589
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!