Office Suite with
New
For Sale
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211 W Jefferson Avenue Unit 5, Harlingen, TX 78550
A rear warehouse area complements the professional office layout.
Property Size1,600 SF
Price / SF$1.03
Days on Market2
Property Features for 211 W Jefferson Avenue Unit 5
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Commercial
Building Details
Year Built
2004
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 4:03PM
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 1,600-square-foot office suite at 211 W Jefferson Avenue, Unit 5, includes a warehouse area at the rear. The building was constructed in 2004, and the layout combines professional office space with practical back-of-suite storage or work area.
The configuration is presented for professional service businesses, including legal, accounting, insurance, medical, and consulting practices.
The configuration is presented for professional service businesses, including legal, accounting, insurance, medical, and consulting practices.
Key Highlights
- 1,600‑square‑foot office suite
- Rear warehouse area within the unit
- Built in 2004
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,688
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,760
$293.8K
Cap Rate 7%
$209,829
$209.8K
Cap Rate 9%
$163,200
$163.2K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$28.8K $18.00/SF
− Vacancy
−$9.2K −$5.76/SF
EGI
$19.6K $12.24/SF
− OpEx
−$4.9K −$3.06/SF
NOI
$14.7K $9.18/SF
Area
Cameron County, TX
Vacancy
32.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,760
Cap Rate 7%
$209,829
Cap Rate 9%
$163,200
Alternative Uses
Best Use
Office B
$209.8K
$183.6K – $244.8K
NOI $14,688 @ 7.0% cap · market cap 890.18%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$275.5K
$241.1K – $321.4K
NOI $19,284 @ 7.0% cap · market cap 1,168.73%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,440
Businesses Nearby
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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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A rear warehouse area complements the professional office layout.
Where is this office unit located?
The property is located at 211 W Jefferson Avenue Unit 5 Harlingen, TX.
What are key features of this property?
This property features: 1,600‑square‑foot office suite; Rear warehouse area within the unit; Built in 2004
