Medical Office Building with Anesthesia
2401 Cornerstone Boulevard Edinburg, TX 78539
For Sale
$795,000
COMMERCIAL - Edinburg, TX
Property Size4,644 SF
Lot Size0.11 Acres
Price / SF$171.19
Days on Market49
Property Features for 2401 Cornerstone Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
16
Security features
Security System
Appliances
Electric Water Heater, Water Heater (Other Location)
Standard status
Active
APN
C823002006000500
Size
4,644 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
12183
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Building Details
Year built
2007
Floors in Building
1
Building materials
Stucco
Roof type
Metal, Flat
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Deldi M. Ortegon · License #0433744
(956) 225-5509
Added: Jun 12
Changed: Jul 29
Last Checked: Jul 30 at 9:06AM
MLS# 506884
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This medical office space is configured with multiple rooms designed for consultations, examinations, procedures, and administrative use. The interior features porcelain tile flooring, and the property includes access to a shared, well-equipped break room. Per the public remarks, the space carries a State-issued Level 2 Anesthesia License, supporting specialized healthcare workflows within a professional setting.
Located at 2401 Cornerstone Boulevard in Edinburg, Texas (Hidalgo County), the property is described as being in the heart of North McAllen. Public remarks note convenient proximity to banks and restaurants, along with access to major highways. The setting is characterized as quiet and geared toward patient and staff comfort, with ample parking available.
For healthcare providers seeking an exam- and procedure-capable environment, the room layout and Level 2 Anesthesia License are key operational considerations. The office’s clean, patient-friendly finishes and shared break room support day-to-day functionality, while the availability of water, electricity, and high-speed internet (as noted in the remarks) can help simplify occupancy planning. Ample on-site parking supports convenient access for patients and staff.
Located at 2401 Cornerstone Boulevard in Edinburg, Texas (Hidalgo County), the property is described as being in the heart of North McAllen. Public remarks note convenient proximity to banks and restaurants, along with access to major highways. The setting is characterized as quiet and geared toward patient and staff comfort, with ample parking available.
For healthcare providers seeking an exam- and procedure-capable environment, the room layout and Level 2 Anesthesia License are key operational considerations. The office’s clean, patient-friendly finishes and shared break room support day-to-day functionality, while the availability of water, electricity, and high-speed internet (as noted in the remarks) can help simplify occupancy planning. Ample on-site parking supports convenient access for patients and staff.
Key Highlights
- 3,000 sq. ft. medical office space for lease in North McAllen with multiple rooms for consultations, examinations, procedures, and administrative use
- State‑issued Level 2 Anesthesia License included
- Built in 2007 with stucco construction, metal and flat roof, and central heating and central air
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.1k | $22.20 |
| − Vacancy | −$14.4k | −$3.11 |
| EGI | $88.7k | $19.09 |
| − OpEx | −$22.2k | −$4.77 |
| NOI | $66.5k | $14.32 |
4,644 SF · lease $22.20/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$950.0K
$831.2K – $1.11M
NOI $66,497 @ 7.0% cap · market cap 8.36%
Second Best
Healthcare Medical
$838.3K
$733.5K – $978.0K
NOI $58,682 @ 7.0% cap · market cap 7.38%
Theoretical Best
Office A
$1.21M
$1.05M – $1.41M
NOI $84,350 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical Office Space - State Level 2 anesthesia license and multi-room exam layout with utilities and internet included, plus ample on-site parking.
Where is this medical office space located?
The property is located at 2401 Cornerstone Boulevard Edinburg, TX.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 3,000 sq. ft. medical office space for lease in North McAllen with multiple rooms for consultations, examinations, procedures, and administrative use; State‑issued Level 2 Anesthesia License included; Built in 2007 with stucco construction, metal and flat roof, and central heating and central air
