Retail Space with Private
New
For Sale
$230,000
415 San Jose Street, San Juan, TX 78589
Vacant interior space includes a kitchenette, two bathrooms, and an open area for business use.
Property Size1,240 SF
Price / SF$185.48
Days on Market4
Property Features for 415 San Jose Street
General Information
Standard status
Active
Size
1,240 SF
Total Parking Spaces
8
Property subtype
Commercial
Additional Details
Condition
Newly Renovated
Property Use
Office
Taxes and HOA fees
Annual Taxes
$4,376
Building Details
Building Size
1,240 SF
Year Built
2005
Stories
1
Listing Agency:
JUST REALTY
Listed By:
Monica M Rodriguez Garza
(956) 655-8906
Source:
Justrealty
Added: Oct 22
Changed: Oct 24
Last Checked: Oct 24 at 3:27PM
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 JUST REALTY
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Investment Insights
Based on property information with market context.
This 1,240-square-foot retail property in San Juan has a private office, kitchenette, two bathrooms, and a broad open area. The interior was remodeled, and the space is vacant. Its combination of enclosed work space and open floor area supports a range of retail or office configurations.
Built in 2005, the property is located at 415 San Jose Street in San Juan, Texas. The existing layout also includes space that may suit service-oriented or studio operations.
Built in 2005, the property is located at 415 San Jose Street in San Juan, Texas. The existing layout also includes space that may suit service-oriented or studio operations.
Key Highlights
- 1,240 square feet of interior space
- Recently remodeled; currently vacant
- Private office, kitchenette, and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,743
Cap Rate
7.28%
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
NOI $16,743 @ 7.0% cap · market cap 7.28%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$934.0K
$817.2K – $1.09M
NOI $65,379 @ 7.0% cap · market cap 28.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Vacant interior space includes a kitchenette, two bathrooms, and an open area for business use.
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 $230,000.
What are key features of this property?
This property features: 1,240 square feet of interior space; Recently remodeled; currently vacant; Private office, kitchenette, and two bathrooms
