Commercial Land with
New
For Sale
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2302 N Jackson Road, Hidalgo, TX 78557
The site includes usable office space and lies near the international border.
Property Size1,355 SF
Price / SF$7.38
Days on Market3
Property Features for 2302 N Jackson Road
General Information
Standard status
Active
Size
1,355 SF
Property subtype
Commercial
Building Details
Year Built
2009
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Changed: Nov 3
Last Checked: Nov 1 at 4:01PM
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 commercial land offering spans more than 5 acres and includes office space built in 2009. The existing workspace adds an improved component to the property.
The site is on N Jackson Road near the international border.
The site is on N Jackson Road near the international border.
Key Highlights
- More than 5 acres of commercial land
- Office space built in 2009
- Located on N Jackson Road near the international border
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,665
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,300
$453.3K
Cap Rate 7%
$323,786
$323.8K
Cap Rate 9%
$251,833
$251.8K
Market Conditions
NOI Build-Up for 1,355 SF
Gross rent
$41.6K $30.72/SF
− Vacancy
−$11.4K −$8.42/SF
EGI
$30.2K $22.30/SF
− OpEx
−$7.6K −$5.58/SF
NOI
$22.7K $16.73/SF
Area
Hidalgo County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,300
Cap Rate 7%
$323,786
Cap Rate 9%
$251,833
Alternative Uses
Best Use
Office B
$323.8K
$283.3K – $377.8K
NOI $22,665 @ 7.0% cap · market cap 226.65%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.02M
$893.0K – $1.19M
NOI $71,442 @ 7.0% cap · market cap 714.42%
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
215
Businesses Nearby
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Business Placement
Demographics for 78557, TX
13,986
Population
4,141
Households
3.4
Avg Household Size
30
Median Age
23%
College-Educated
70%
High-School Grad
16.6 sq mi
ZIP Area
843
Density / Sq Mi
$53,667
Median Household Income
$32,109
Median Earnings
$849
Median Rent
$156,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Commercial land - The site includes usable office space and lies near the international border.
Where is this commercial land located?
The property is located at 2302 N Jackson Road Hidalgo, TX.
What are key features of this property?
This property features: More than 5 acres of commercial land; Office space built in 2009; Located on N Jackson Road near the international border
