Two-Story Flex
New
For Sale
Contact for pricing
211 W Jefferson Avenue Unit 2, Harlingen, TX 78550
A reception area, restroom, and storage space support customer-facing and back-of-house functions.
Property Size2,800 SF
Price / SF$0.94
Days on Market2
Property Features for 211 W Jefferson Avenue Unit 2
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Commercial
Building Details
Year Built
2004
Stories
2
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:30PM
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 2,800-square-foot flex property at 211 W Jefferson Avenue Unit 2 in Harlingen has a two-story open layout. A reception area and restroom are located alongside a small warehouse and storage area, providing distinct customer-facing and support spaces. The building was constructed in 2004.
Key Highlights
- 2,800 square feet of flex space
- Two‑story open layout
- Small warehouse and storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,100
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,000
$262.0K
Cap Rate 7%
$187,143
$187.1K
Cap Rate 9%
$145,556
$145.6K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$19.8K $7.08/SF
− Vacancy
−$1.1K −$0.40/SF
EGI
$18.7K $6.68/SF
− OpEx
−$5.6K −$2.01/SF
NOI
$13.1K $4.68/SF
Area
Cameron County, TX
Vacancy
5.60%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,000
Cap Rate 7%
$187,143
Cap Rate 9%
$145,556
Alternative Uses
Best Use
Retail
$380.6K
$333.0K – $444.1K
NOI $26,643 @ 7.0% cap · market cap 1,010.35%
Second Best
Flex RnD
$342.2K
$299.4K – $399.2K
NOI $23,951 @ 7.0% cap · market cap 908.27%
Theoretical Best
Healthcare Medical
$482.1K
$421.9K – $562.5K
NOI $33,748 @ 7.0% cap · market cap 1,279.79%
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
1,440
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 78550, TX
56,038
Population
22,347
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
77%
High-School Grad
94.2 sq mi
ZIP Area
595
Density / Sq Mi
$51,524
Median Household Income
$32,065
Median Earnings
$863
Median Rent
$120,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- SmokinBucks — Harlingen, TX 78550
Frequently Asked Questions
What type of property is this?
Flex space - A reception area, restroom, and storage space support customer-facing and back-of-house functions.
Where is this flex space located?
The property is located at 211 W Jefferson Avenue Unit 2 Harlingen, TX.
What are key features of this property?
This property features: 2,800 square feet of flex space; Two‑story open layout; Small warehouse and storage area
