Drug Store with Built-In
New
For Sale
Contact for pricing
205 W Edinburg Avenue, Elsa, TX 78543
A former pharmacy layout pairs customer-facing space with dedicated office and employee areas.
Property Size1,585 SF
Price / SF$1.26
Days on Market2
Property Features for 205 W Edinburg Avenue
General Information
Standard status
Active
Size
1,585 SF
Property subtype
Commercial
Amenities
front retail area
office
employee restroom
private break room
built-in shelving
storage areas
Building Details
Year Built
2007
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:49PM
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 1,585-square-foot drug store space was built in 2007 and was previously used as a pharmacy. Its configuration includes a front retail area, an office, an employee restroom, and a private break room. Built-in shelving and additional storage are part of the interior.
Key Highlights
- 1,585 square feet
- Previously used as a pharmacy
- Front retail area, office, employee restroom, and private break room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,401
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,020
$428.0K
Cap Rate 7%
$305,729
$305.7K
Cap Rate 9%
$237,789
$237.8K
Market Conditions
NOI Build-Up for 1,585 SF
Gross rent
$32.5K $20.52/SF
− Vacancy
−$2.0K −$1.23/SF
EGI
$30.6K $19.29/SF
− OpEx
−$9.2K −$5.79/SF
NOI
$21.4K $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%
$428,020
Cap Rate 7%
$305,729
Cap Rate 9%
$237,789
Alternative Uses
Best Use
Specialty Retail
$328.6K
$287.5K – $383.4K
NOI $23,003 @ 7.0% cap · market cap 1,150.15%
Second Best
Retail
$305.7K
$267.5K – $356.7K
NOI $21,401 @ 7.0% cap · market cap 1,070.05%
Theoretical Best
Hotel Hospitality
$1.19M
$1.04M – $1.39M
NOI $83,569 @ 7.0% cap · market cap 4,178.45%
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
488
Businesses Nearby
326k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 31%
Shops & Services 27%
Superstores 25%
Groceries 16%
Walmart
Superstores
80,194 visits/mo
0.4 miles
H-E-B
Groceries
51,996 visits/mo
0.3 miles
Whataburger
Dining
32,091 visits/mo
0.1 miles
Murphy USA
Shops & Services
30,755 visits/mo
0.5 miles
Dollar Tree
Shops & Services
21,149 visits/mo
0.5 miles
Demographics for 78543, TX
7,535
Population
3,018
Households
2.5
Avg Household Size
33
Median Age
9%
College-Educated
83%
High-School Grad
6.4 sq mi
ZIP Area
1,177
Density / Sq Mi
$47,657
Median Household Income
$30,960
Median Earnings
$759
Median Rent
$85,900
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
Similar Off Market Nearby
- Elizabeth Garcia — 411 S Broadway St, Elsa, TX 78543
- Javier Lara — 411 S Broadway St, Elsa, TX 78543
- Samantha Perales — 411 S Broadway St, Elsa, TX 78543
- Walmart Pharmacy — 411 S Broadway St, Elsa, TX 78543
- Torres Family Pharmacy — 103 S Broadway St, Edcouch, TX 78538
Frequently Asked Questions
What type of property is this?
Drug store - A former pharmacy layout pairs customer-facing space with dedicated office and employee areas.
Where is this drug store located?
The property is located at 205 W Edinburg Avenue Elsa, TX.
What are key features of this property?
This property features: 1,585 square feet; Previously used as a pharmacy; Front retail area, office, employee restroom, and private break room
