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Remodeled Retail Space

415 San Jose Street, San Juan, TX 78589

For Sale
$220,000

Commercial Sale, San Juan, TX

Property Size1,240 SF
Lot Size0.17 Acres
Price / SF$177.42
Days on Market48

Property Features for 415 San Jose Street

General Information

Property type Commercial Sale
Property subtype Other
Parking 8
Appliances Electric Water Heater
Subdivision Bar Ut No. 4
Directions From FM 495 travel North on Raul Longoria. Go East on Eldora Rd. Then head North on Gardenia Ave. Turn East on San Jose St. The property will be on the right-hand side.
Standard status Active
APN B158504000004600
Size 1,240 SF
Lot size 0.17 Acres

Additional Details

Condition Newly Renovated

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4376

Utilities

Heating system Electric (Heating), Central
Cooling system Central Air, Electric

Building Details

Year built 2005
Floors in Building 1
Building materials Aluminum Siding, Stucco
Roof type Metal
Listing Agency: Keller Williams Realty RGV
Listed By: Robert Kirby · License TX #0687948
Added: Sep 24 Changed: Nov 5 Last Checked: Nov 10 at 9:06PM
MLS# 516238

Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This vacant retail space contains 1,240 square feet on a 0.1705-acre lot. The interior was remodeled and combines an open area with a private office, kitchenette, and two bathrooms. Central electric heating and central air conditioning serve the building, which has a metal roof and aluminum siding and stucco exterior materials.

Built in 2005, the property is located at 415 San Jose Street in San Juan, Texas. The listed appliances include an electric water heater.

Key Highlights

  • 1,240 square feet of interior space on a 0.1705‑acre lot
  • Remodeled interior with open area, private office, kitchenette, and two bathrooms
  • Built in 2005

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,743
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,860 $334.9K
Cap Rate 7%
$239,186 $239.2K
Cap Rate 9%
$186,033 $186.0K
Market Conditions
NOI Build-Up for 1,240 SF
Gross rent
$25.4K $20.52/SF
− Vacancy
−$1.5K −$1.23/SF
EGI
$23.9K $19.29/SF
− OpEx
−$7.2K −$5.79/SF
NOI
$16.7K $13.50/SF
Area
Hidalgo County, TX
Vacancy
6.00%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,860
Cap Rate 7%
$239,186
Cap Rate 9%
$186,033

Alternative Uses

Best Use
Retail
$239.2K
$209.3K – $279.1K (±1% cap)
NOI $16,743 @ 7.0% cap · market cap 7.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$436.2K
$381.7K – $508.9K (±1% cap)
NOI $30,534 @ 7.0% cap · market cap 13.88%
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

Retail space

Suggested Use

Top Pick Dental Office Law Firm Building Supply Auto Parts Store Big Box & Wholesale Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 63% Dining 37%
7-Eleven Shops & Services
5,093 visits/mo 0.5 miles
SUBWAY Dining
2,932 visits/mo 0.4 miles

Demographics for 78589, TX

38,987
Population
12,393
Households
3.1
Avg Household Size
32
Median Age
13%
College-Educated
62%
High-School Grad
25.5 sq mi
ZIP Area
1,529
Density / Sq Mi
$51,662
Median Household Income
$27,679
Median Earnings
$926
Median Rent
$112,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Retail space in Hidalgo County, TX

$174 Jul
$116 Aug
$197 Sep
$131 Oct

Properties on Market for Retail space in Hidalgo County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The vacant interior has two bathrooms, a kitchenette, a private office, and open area for flexible configuration.
Where is this retail space located?
The property is located at 415 San Jose Street San Juan, TX.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 1,240 square feet of interior space on a 0.1705‑acre lot; Remodeled interior with open area, private office, kitchenette, and two bathrooms; Built in 2005
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Includes: Price & PSF · Cap rate · Location · Zoning

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