Office Unit with Reception
New
For Sale
Contact for pricing
412 E 18th Street, Weslaco, TX 78596
A full reception area and two offices support a range of professional business operations.
Property Size900 SF
Price / SF$1.44
Days on Market2
Property Features for 412 E 18th Street
General Information
Standard status
Active
Size
900 SF
Property subtype
Commercial
Additional Details
Condition
Move-in Ready
Property Use
Office
Building Details
Year Built
1990
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:55PM
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.
This 900-square-foot office unit, built in 1990, includes two offices, 1.5 bathrooms, and a full reception area. Parking is available at the property.
The office is at 412 E 18th Street in Weslaco, near 18th Street and Texas Boulevard.
The office is at 412 E 18th Street in Weslaco, near 18th Street and Texas Boulevard.
Key Highlights
- 900‑square‑foot office unit
- Two offices and a full reception area
- 1.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,317
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,340
$266.3K
Cap Rate 7%
$190,243
$190.2K
Cap Rate 9%
$147,967
$148.0K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$26.7K $29.64/SF
− Vacancy
−$4.5K −$4.98/SF
EGI
$22.2K $24.66/SF
− OpEx
−$8.9K −$9.86/SF
NOI
$13.3K $14.80/SF
Area
Hidalgo County, TX
Vacancy
16.80%
Lease Rate
$29.64 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,340
Cap Rate 7%
$190,243
Cap Rate 9%
$147,967
Alternative Uses
Best Use
Office B
$215.1K
$188.2K – $250.9K
NOI $15,054 @ 7.0% cap · market cap 1,158.00%
Second Best
Healthcare Medical
$190.2K
$166.5K – $222.0K
NOI $13,317 @ 7.0% cap · market cap 1,024.38%
Theoretical Best
Hotel Hospitality
$677.9K
$593.2K – $790.9K
NOI $47,453 @ 7.0% cap · market cap 3,650.23%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
124
Businesses Nearby
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Business Placement
Demographics for 78596, TX
37,329
Population
15,824
Households
2.4
Avg Household Size
36
Median Age
21%
College-Educated
75%
High-School Grad
40.1 sq mi
ZIP Area
931
Density / Sq Mi
$53,797
Median Household Income
$31,618
Median Earnings
$917
Median Rent
$92,800
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A full reception area and two offices support a range of professional business operations.
Where is this office unit located?
The property is located at 412 E 18th Street Weslaco, TX.
What are key features of this property?
This property features: 900‑square‑foot office unit; Two offices and a full reception area; 1.5 bathrooms
