Retail Suite with Pylon
New
For Sale
Contact for pricing
410 E University Drive Unit 3, Edinburg, TX 78539
Vanilla-box suites with restrooms and placement opportunities on a renovated pylon sign.
Property Size2,095 SF
Price / SF$2.07
Days on Market2
Property Features for 410 E University Drive Unit 3
General Information
Standard status
Active
Size
2,095 SF
Property subtype
Commercial
Site & Location
Pylon Signage
Yes
Highway Access
Yes
Building Details
Year Built
1994
Tenancy
Multi
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:48PM
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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Investment Insights
Based on property information with market context.
Edelstein Plaza is a retail center with five suites available, ranging from approximately 2,095 SF to 4,275 SF. Each space is delivered in vanilla-box condition and includes a restroom. The center contains approximately 14,000 SF and was renovated; it was originally built in 1994. Signage opportunities are available on the renovated pylon sign.
At 410 E University Drive in Edinburg, the property is less than one-quarter mile from the Hidalgo County Courthouse. Retail and restaurant businesses are located in the surrounding area, and the site has access to the expressway.
At 410 E University Drive in Edinburg, the property is less than one-quarter mile from the Hidalgo County Courthouse. Retail and restaurant businesses are located in the surrounding area, and the site has access to the expressway.
Key Highlights
- Five available retail suites ranging from approximately 2,095 SF to 4,275 SF
- Each suite includes a restroom and is delivered in vanilla‑box condition
- Approximately 14,000 SF retail center, originally built in 1994 and renovated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,348
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,960
$467.0K
Cap Rate 7%
$333,543
$333.5K
Cap Rate 9%
$259,422
$259.4K
Market Conditions
NOI Build-Up for 2,095 SF
Gross rent
$36.5K $17.40/SF
− Vacancy
−$3.1K −$1.48/SF
EGI
$33.4K $15.92/SF
− OpEx
−$10.0K −$4.78/SF
NOI
$23.3K $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%
$466,960
Cap Rate 7%
$333,543
Cap Rate 9%
$259,422
Alternative Uses
Best Use
Retail
$333.5K
$291.9K – $389.1K
NOI $23,348 @ 7.0% cap · market cap 538.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$543.6K
$475.7K – $634.2K
NOI $38,052 @ 7.0% cap · market cap 877.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,237
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Vanilla-box suites with restrooms and placement opportunities on a renovated pylon sign.
Where is this retail space located?
The property is located at 410 E University Drive Unit 3 Edinburg, TX.
What are key features of this property?
This property features: Five available retail suites ranging from approximately 2,095 SF to 4,275 SF; Each suite includes a restroom and is delivered in vanilla‑box condition; Approximately 14,000 SF retail center, originally built in 1994 and renovated
