Downtown Mixed-Use
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For Sale
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221 E University Drive Unit 225, Edinburg, TX 78539
Plans call for office suites above street-facing retail in a central Edinburg setting.
Property Size849 SF
Price / SF$2.50
Days on Market2
Property Features for 221 E University Drive Unit 225
General Information
Standard status
Active
Size
849 SF
Property subtype
Commercial
Additional Details
Property Use
Office
Building Details
Year Built
1992
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:59PM
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.
Located in Downtown Edinburg, this mixed-use property is planned to combine office suites with retail space at street level. The proposed configuration brings workplace and storefront uses together within one development.
Government offices, restaurants, local businesses, and entertainment venues are in the surrounding area. The property also offers walkable access and convenient connections to major thoroughfares.
Government offices, restaurants, local businesses, and entertainment venues are in the surrounding area. The property also offers walkable access and convenient connections to major thoroughfares.
Key Highlights
- Planned mix of office suites and street‑level retail
- Downtown Edinburg location near government offices, restaurants, businesses, and entertainment
- Walkable setting with access to major thoroughfares
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,462
Suggested Prices Based on Cap Rates
Cap Rate 5%
$189,240
$189.2K
Cap Rate 7%
$135,171
$135.2K
Cap Rate 9%
$105,133
$105.1K
Market Conditions
NOI Build-Up for 849 SF
Gross rent
$14.8K $17.40/SF
− Vacancy
−$1.3K −$1.48/SF
EGI
$13.5K $15.92/SF
− OpEx
−$4.1K −$4.78/SF
NOI
$9.5K $11.14/SF
Area
Edinburg, TX
Vacancy
8.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$189,240
Cap Rate 7%
$135,171
Cap Rate 9%
$105,133
Alternative Uses
Best Use
Office B
$173.7K
$152.0K – $202.6K
NOI $12,157 @ 7.0% cap · market cap 572.63%
Second Best
Mixed Use
$136.6K
$119.5K – $159.4K
NOI $9,561 @ 7.0% cap · market cap 450.35%
Theoretical Best
Office A
$220.3K
$192.8K – $257.0K
NOI $15,421 @ 7.0% cap · market cap 726.38%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,196
Businesses Nearby
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Business Placement
Demographics for 78539, TX
37,686
Population
15,759
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
84%
High-School Grad
12.2 sq mi
ZIP Area
3,089
Density / Sq Mi
$64,864
Median Household Income
$38,413
Median Earnings
$1,034
Median Rent
$198,300
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Plans call for office suites above street-facing retail in a central Edinburg setting.
Where is this mixed-use property located?
The property is located at 221 E University Drive Unit 225 Edinburg, TX.
What are key features of this property?
This property features: Planned mix of office suites and street‑level retail; Downtown Edinburg location near government offices, restaurants, businesses, and entertainment; Walkable setting with access to major thoroughfares
