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Retail Suite at Hopewell Plaza
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4711 S Alamo Road Unit 102, Edinburg, TX 78542

The space is identified for office, retail, or medical occupancy.

Property Size1,510 SF
Price / SF$1.35
Days on Market2

Property Features for 4711 S Alamo Road Unit 102

General Information

Standard status Active
Size 1,510 SF
Property subtype Commercial

Additional Details

Property Use Office, Retail, Medical

Building Details

Year Built 2007
Listing Agency: SANETI REALTY GROUP
Listed By: Alberto Sanchez
Source: Sanetirealty
Added: Oct 31 Changed: Nov 1 Last Checked: Nov 1 at 1:47AM

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 retail suite at Hopewell Plaza contains 1,510 square feet and was built in 2007. The property is located at 4711 S Alamo Road, Unit 102, in Edinburg, Texas. Office, retail, and medical uses are identified for the space.

Key Highlights

  • 1,510‑square‑foot retail suite
  • Built in 2007
  • Located at 4711 S Alamo Road, Unit 102, Edinburg, TX

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,828
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,560 $336.6K
Cap Rate 7%
$240,400 $240.4K
Cap Rate 9%
$186,978 $187.0K
Market Conditions
NOI Build-Up for 1,510 SF
Gross rent
$26.3K $17.40/SF
− Vacancy
−$2.2K −$1.48/SF
EGI
$24.0K $15.92/SF
− OpEx
−$7.2K −$4.78/SF
NOI
$16.8K $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%
$336,560
Cap Rate 7%
$240,400
Cap Rate 9%
$186,978

Alternative Uses

Best Use
Retail
$240.4K
$210.4K – $280.5K (±1% cap)
NOI $16,828 @ 7.0% cap · market cap 825.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$391.8K
$342.8K – $457.1K (±1% cap)
NOI $27,426 @ 7.0% cap · market cap 1,345.73%
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 Building Supply Law Firm Big Box & Wholesale Store Pharmacy Kitchen & Bath Showroom Locksmith

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

102
Businesses Nearby
16k
Monthly Visits Nearby

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

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 space is identified for office, retail, or medical occupancy.
Where is this retail space located?
The property is located at 4711 S Alamo Road Unit 102 Edinburg, TX.
What are key features of this property?
This property features: 1,510‑square‑foot retail suite; Built in 2007; Located at 4711 S Alamo Road, Unit 102, Edinburg, TX
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