Retail Suite in Hopewell
New
For Sale
Contact for pricing
4623 S Alamo Road Unit 111, Edinburg, TX 78542
The space is suited to office, retail, or medical occupancy.
Property Size1,293 SF
Price / SF$1.23
Days on Market3
Property Features for 4623 S Alamo Road Unit 111
General Information
Standard status
Active
Size
1,293 SF
Property subtype
Commercial
Building Details
Year Built
2007
Listing Agency:
Texus Realty
Listed By:
Israel Gutierrez · License #0558344
(512) 846-9332
Source:
Texusrealty
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 1:57AM
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 Texus Realty
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Investment Insights
Based on property information with market context.
This 1,293-square-foot retail suite is located within Hopewell Plaza. The space is identified as suitable for office, retail, or medical use.
The property is at 4623 S Alamo Road, Unit 111, in Edinburg. The plaza was built in 2007.
The property is at 4623 S Alamo Road, Unit 111, in Edinburg. The plaza was built in 2007.
Key Highlights
- 1,293‑square‑foot suite
- Office, retail, or medical use identified
- Located at 4623 S Alamo Road, Unit 111, in Edinburg
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,410
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,200
$288.2K
Cap Rate 7%
$205,857
$205.9K
Cap Rate 9%
$160,111
$160.1K
Market Conditions
NOI Build-Up for 1,293 SF
Gross rent
$22.5K $17.40/SF
− Vacancy
−$1.9K −$1.48/SF
EGI
$20.6K $15.92/SF
− OpEx
−$6.2K −$4.78/SF
NOI
$14.4K $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%
$288,200
Cap Rate 7%
$205,857
Cap Rate 9%
$160,111
Alternative Uses
Best Use
Retail
$205.9K
$180.1K – $240.2K
NOI $14,410 @ 7.0% cap · market cap 906.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$335.5K
$293.6K – $391.4K
NOI $23,485 @ 7.0% cap · market cap 1,477.04%
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
Location Intelligence
Trade Area within ½ mile
102
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 85%
Dining 15%
Dollar General
Shops & Services
10,914 visits/mo
0.4 miles
Pizza Hut
Dining
2,363 visits/mo
0.4 miles
Watermill Express
Shops & Services
1,984 visits/mo
0.2 miles
Pronto Insurance
Shops & Services
324 visits/mo
0.4 miles
Demographics for 78542, TX
84,678
Population
25,198
Households
3.4
Avg Household Size
28
Median Age
13%
College-Educated
64%
High-School Grad
176.0 sq mi
ZIP Area
481
Density / Sq Mi
$52,962
Median Household Income
$30,377
Median Earnings
$876
Median Rent
$123,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The space is suited to office, retail, or medical occupancy.
Where is this retail space located?
The property is located at 4623 S Alamo Road Unit 111 Edinburg, TX.
What are key features of this property?
This property features: 1,293‑square‑foot suite; Office, retail, or medical use identified; Located at 4623 S Alamo Road, Unit 111, in Edinburg
