Build-to-Suit Retail
2345 Military Highway, Hidalgo, TX 78503
For Sale
New
Contact for pricing
Build-to-suit configuration can accommodate a range of business requirements.
Property Size2,400 SF
Price / SF$2.60
Days on Market7
Property Features for 2345 Military Highway
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Changed: Nov 6
Last Checked: Nov 6 at 3:22PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Retail space at 2345 Military Highway in Hidalgo offers build-to-suit options and a flexible floor plan. The property was built in 1992 and contains 2,400 square feet.
Its Hidalgo location is minutes from the international bridge and major thoroughfares.
Its Hidalgo location is minutes from the international bridge and major thoroughfares.
Key Highlights
- 2,400‑square‑foot retail property
- Build‑to‑suit options available
- Flexible floor plan options
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,405
Suggested Prices Based on Cap Rates
Cap Rate 5%
$648,100
$648.1K
Cap Rate 7%
$462,929
$462.9K
Cap Rate 9%
$360,056
$360.1K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$49.2K $20.52/SF
− Vacancy
−$3.0K −$1.23/SF
EGI
$46.3K $19.29/SF
− OpEx
−$13.9K −$5.79/SF
NOI
$32.4K $13.50/SF
Area
Hidalgo County, TX
Vacancy
6.00%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$648,100
Cap Rate 7%
$462,929
Cap Rate 9%
$360,056
Alternative Uses
Best Use
Office B
$573.5K
$501.8K – $669.1K
NOI $40,145 @ 7.0% cap · market cap 642.32%
Second Best
Healthcare Medical
$507.3K
$443.9K – $591.9K
NOI $35,511 @ 7.0% cap · market cap 568.18%
Theoretical Best
Hotel Hospitality
$1.81M
$1.58M – $2.11M
NOI $126,540 @ 7.0% cap · market cap 2,024.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
213
Businesses Nearby
Explore this area
Business Placement
Demographics for 78503, TX
23,604
Population
8,090
Households
2.9
Avg Household Size
35
Median Age
25%
College-Educated
71%
High-School Grad
19.2 sq mi
ZIP Area
1,229
Density / Sq Mi
$48,765
Median Household Income
$27,514
Median Earnings
$1,087
Median Rent
$130,100
Median Home Value
Market
Average Price Trend$/SF for Retail space in Hidalgo County, TX
Properties on Market for Retail space in Hidalgo County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - Build-to-suit configuration can accommodate a range of business requirements.
Where is this retail space located?
The property is located at 2345 Military Highway Hidalgo, TX.
What are key features of this property?
This property features: 2,400‑square‑foot retail property; Build‑to‑suit options available; Flexible floor plan options
