Shopping
New
For Sale
Contact for pricing
2708 Los Lagos Drive Unit 15, Edinburg, TX 78542
Unit 15 is part of a retail development completed in 2024.
Property Size1,000 SF
Price / SF$2.51
Days on Market2
Property Features for 2708 Los Lagos Drive Unit 15
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Building Details
Year Built
2024
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:09PM
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.
Cartier Plaza is a retail development at 2708 Los Lagos Drive in Edinburg, Texas. The property includes Unit 15 and was built in 2024.
The center is positioned near Hwy 281/69C and Bert Ogden Arena, UTRGV Vacker Stadium/HEB Park, Edinburg Municipal Park, and Los Lagos Golf Course.
The center is positioned near Hwy 281/69C and Bert Ogden Arena, UTRGV Vacker Stadium/HEB Park, Edinburg Municipal Park, and Los Lagos Golf Course.
Key Highlights
- Retail development completed in 2024
- Unit 15 at 2708 Los Lagos Drive, Edinburg
- Near Hwy 281/69C
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,145
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,900
$222.9K
Cap Rate 7%
$159,214
$159.2K
Cap Rate 9%
$123,833
$123.8K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$17.4K $17.40/SF
− Vacancy
−$1.5K −$1.48/SF
EGI
$15.9K $15.92/SF
− OpEx
−$4.8K −$4.78/SF
NOI
$11.1K $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%
$222,900
Cap Rate 7%
$159,214
Cap Rate 9%
$123,833
Alternative Uses
Best Use
Retail
$159.2K
$139.3K – $185.8K
NOI $11,145 @ 7.0% cap · market cap 444.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$259.5K
$227.0K – $302.7K
NOI $18,163 @ 7.0% cap · market cap 724.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78542, TX
84,678
Population
25,198
Households
3.4
Avg Household Size
28
Median Age
13%
College-Educated
64%
High-School Grad
176.0 sq mi
ZIP Area
481
Density / Sq Mi
$52,962
Median Household Income
$30,377
Median Earnings
$876
Median Rent
$123,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Shopping center - Unit 15 is part of a retail development completed in 2024.
Where is this shopping center located?
The property is located at 2708 Los Lagos Drive Unit 15 Edinburg, TX.
What are key features of this property?
This property features: Retail development completed in 2024; Unit 15 at 2708 Los Lagos Drive, Edinburg; Near Hwy 281/69C
