Versatile Flex Building with
For Sale
Contact for pricing
3911 TX-107, Edinburg, TX
8,000 SF flex building with retail and warehouse space.
Property Size12,305 SF
Lot Size1.93 Acres
Price / SF$125.56
Days on Market538
Property Features for 3911 TX-107
General Information
Standard status
Active
Size
12,305 SF
Lot size
1.93 Acres
Property subtype
INDUSTRIAL
Listing Agency:
NAI Rio Grande Valley | McAllen
(956) 994-8900
Listed By:
Laura Liza Paz · License #801000353
(956) 227-8000
Source:
Moodyscre
Added: Mar 20, 2025
Changed: Aug 13
Last Checked: Sep 7 at 10:24AM
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 NAI Rio Grande Valley | McAllen
Investment Insights
Based on property information with market context.
This versatile property features an 8,000 square foot flex building suitable for a wide range of businesses. The space includes 1,700 square feet of retail/showroom area and 6,300 square feet of warehouse space. It offers visibility along West State Highway 107 with access to both Interstate 2 and Interstate 69C. The building is equipped with a grade-level door, a dock well, and 14-foot eaves. Ample parking is available, featuring 14 front spaces. Situated on a 1.98-acre lot, the property can be fenced for use as a yard or storage. A second building, a 4,305 square foot neighborhood center, adds flexibility, making this a location for business operations. The property's total size is 12,305 square feet.
Key Highlights
- High visibility location on West State Highway 107 with easy access to Interstates 2 and 69C.
- Versatile property with an 8,000 sf flex building including 1,700 sf of retail/showroom space and 6,300 sf of warehouse space.
- Includes a second 4,305 sf neighborhood center building.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$137,136
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.88%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,742,720
$2.7M
Cap Rate 7%
$1,959,086
$2.0M
Cap Rate 9%
$1,523,733
$1.5M
Market Conditions
NOI Build-Up for 12,305 SF
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.
Gross rent
$214.1K $17.40/SF
− Vacancy
−$18.2K −$1.48/SF
EGI
$195.9K $15.92/SF
− OpEx
−$58.8K −$4.78/SF
NOI
$137.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,742,720
Cap Rate 7%
$1,959,086
Cap Rate 9%
$1,523,733
Alternative Uses
Best Use
Retail
$1.96M
$1.71M – $2.29M
NOI $137,136 @ 7.0% cap · market cap 8.88%
Second Best
Flex RnD
$1.36M
$1.19M – $1.59M
NOI $95,451 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$3.19M
$2.79M – $3.72M
NOI $223,498 @ 7.0% cap · market cap 14.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Firehouse Subs Marval Plaza — 4201 S McColl Rd, Edinburg, TX 78539
Frequently Asked Questions
What type of property is this?
Flex space - 8,000 SF flex building with retail and warehouse space.
Where is this flex space located?
The property is located at 3911 TX-107 Edinburg, TX.
What is the asking price?
The asking price for this property is $1,545,000.
What are key features of this property?
This property features: High visibility location on West State Highway 107 with easy access to Interstates 2 and 69C.; Versatile property with an **8,000 sf flex building including 1,700 sf of retail/showroom space and 6,300 sf of warehouse space.**; Includes a second 4,305 sf neighborhood center building.
