Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Main Street Office Space Available Title is generated by Realmo AI

    212 S Main Street, Donna, TX 78537

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Office space for rent in a rebuilt, clean building.

    Type:Office
    Added:
    Nov 12, 2023
    Days on Market:
    931
    Last Refresh:
    May 12 at 10:42 pm

    Property Features for 212 S Main Street

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1972

    Spaces For Lease

    at 212 S Main Street Contact us

    $0.16/Mo

    Size
    3,050 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Debra Brown

    Listing agent Debra Brown

    Listing office Realty One Group, Modern Edge

    Listing date Nov 12, 2023

    Source Crexi

    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 Realty One Group, Modern Edge

    HighLights

    • Prime location on Main Street across from HEB.
    • Building completely rebuilt in 2020.
    • Clean and comfortable office space.
    • Suitable for a small office business.
    • Unit 6 available for $575/month.
    • Restrictions against hair/nail salons.

    Overview

    This office space is located on Main Street, across from HEB. The building was rebuilt in 2020 and offers a comfortable and clean environment. The property is suitable for small office businesses. Please note that hair or nail salons are not permitted.
    Property Profile Location Intelligence

    Current Use by Public Records

    Affordable Health Insurance ... Insurance Agency Mid Valley Bookkeeping ... Accounting Firm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Donna
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.054178
    Latitude
    26.168895

    Nearby Similar for Lease

    • $2,660/Mo
      1,727 SF

      Commercial Property in Donna, Texas

      Commercial property featuring a four-suite configuration, built in 2007.
      111 N 17th Street, Donna, TX 78537
      View Details
    • $4,545/Mo
      2,951 SF

      Commercial Property in Donna, Texas

      Versatile commercial property suitable for various professional uses.
      111 N 17th Street, Donna, TX 78537
      View Details
    • $2,603/Mo
      1,690 SF

      Commercial Property in Donna, Texas

      0.95-acre commercial property with four suites, built in 2007.
      111 N 17th Street, Donna, TX 78537
      View Details
    • Contact for pricing
      332 SF

      Professional Office Space in Donna

      332 SF office space with security monitoring and ample parking.
      1200 E Expressway 83 # 5, Donna, TX 78537
      View Details
    • $21 SF/Yr
      1,420 SF

      Retail Building Near Schools

      Retail space with high visibility and easy access.
      510 N D Salinas Blvd, Donna, TX
      View Details
    • Contact for pricing

      Downtown Donna Office Space Available

      Office building in downtown Donna, rebuilt in 2020.
      212 S MAIN ST., DONNA, TX 78537
      View Details
    • Contact for pricing
      2,085 SF

      Retail Space in New Center

      Retail, restaurant, and service space in Donna, Texas.
      1814 E Hwy 2, Donna, TX
      View Details
    • Contact for pricing
      250,000 SF

      Regional Power Center Retail Space

      New 250,000 SF regional power center for lease.
      1700 Murphy Ave, Donna, TX 78537
      View Details

    FAQs

    What type of property is this?
    Office units - Office space for rent in a rebuilt, clean building.
    Where is this office units located?
    The property is located at 212 S Main Street Donna, TX.
    What is the lease rate?
    The lease rate is $1.97 SF/Yr.
    What are key features of this property?
    This property features: Prime location on Main Street across from HEB.; Building completely rebuilt in 2020.; Clean and comfortable office space.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Debra Brown
    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
    212 S Main Street, Donna, TX 78537
    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!