Professional Office
New
For Sale
Contact for pricing
3509 W University Drive, Edinburg, TX 78539
The 1999-built property sits along a major Edinburg thoroughfare near UTRGV, courts, shopping, and everyday services.
Property Size4,050 SF
Price / SF$0.14
Days on Market2
Property Features for 3509 W University Drive
General Information
Standard status
Active
Size
4,050 SF
Property subtype
Commercial
Additional Details
Property Use
Office
Building Details
Year Built
1999
Tenancy
Multi
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 2:56PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,050-square-foot office unit is part of a professional building completed in 1999. The property contains multiple office suites and serves tenants from a range of industries.
At 3509 W University Drive in Edinburg, the building fronts a major thoroughfare and is near major intersections. The University of Texas Rio Grande Valley, courts, shopping, and other daily services are minutes away.
At 3509 W University Drive in Edinburg, the building fronts a major thoroughfare and is near major intersections. The University of Texas Rio Grande Valley, courts, shopping, and other daily services are minutes away.
Key Highlights
- 4,050‑square‑foot office unit
- Built in 1999
- Located at 3509 W University Drive in Edinburg
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,992
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,159,840
$1.2M
Cap Rate 7%
$828,457
$828.5K
Cap Rate 9%
$644,356
$644.4K
Market Conditions
NOI Build-Up for 4,050 SF
Gross rent
$89.9K $22.20/SF
− Vacancy
−$12.6K −$3.11/SF
EGI
$77.3K $19.09/SF
− OpEx
−$19.3K −$4.77/SF
NOI
$58.0K $14.32/SF
Area
Edinburg, TX
Vacancy
14.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,159,840
Cap Rate 7%
$828,457
Cap Rate 9%
$644,356
Alternative Uses
Best Use
Office B
$828.5K
$724.9K – $966.5K
NOI $57,992 @ 7.0% cap · market cap 10,544.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$919.5K – $1.23M
NOI $73,561 @ 7.0% cap · market cap 13,374.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The 1999-built property sits along a major Edinburg thoroughfare near UTRGV, courts, shopping, and everyday services.
Where is this office unit located?
The property is located at 3509 W University Drive Edinburg, TX.
What are key features of this property?
This property features: 4,050‑square‑foot office unit; Built in 1999; Located at 3509 W University Drive in Edinburg
