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San Juan Commercial Opportunity
For Sale
$600,000

520 N Veterans Boulevard, San Juan, TX 78589

COMMERCIAL - San Juan, TX

Property Size5,150 SF
Lot Size0.30 Acres
Price / SF$116.50
Days on Market93

Property Features for 520 N Veterans Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning CO
Parking 12
Accessibility Accessible Approach with Ramp
Appliances Electric Water Heater
Subdivision Eugenia
Directions Google maps: https://maps.app.goo.gl/D1xq82MxCECDKUd56
Standard status Active
APN E750000000001800
Size 5,150 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6344

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1981
Floors in Building 1
Building materials Aluminum Siding, Block
Roof type Metal
Listing Agency: Cobos Real Estate Services LLC
Listed By: Alejandra E. Cobos · License #582452
Added: May 1 Last Checked: Aug 1 at 4:06AM
MLS# 452844

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.

Investment Insights

Based on property information with market context.

Located on a high-visibility route, the property at 520 N Veterans Blvd in San Juan offers a combination of office and warehouse space. The property includes approximately 1,250 square feet of office space and approximately 3,882 square feet of warehouse storage, totaling 5,150 square feet. Situated between I-2 and the Pharr Bridge, the location provides access to transportation routes. The property is located in a business hub with established enterprises. The lot size is 0.2969 acres. The property is zoned CO.

Key Highlights

  • High‑visibility location on a busy boulevard
  • Benefit from a combination of 1,250 sq. ft. office space and 3,882 sq. ft. warehouse storage
  • Strategic positioning between I‑2 and the Pharr Bridge for easy transport access

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $41.4k $8.04
− Vacancy −$2.7k −$0.52
EGI $38.7k $7.52
− OpEx −$5.8k −$1.13
NOI $32.9k $6.39
5,150 SF · lease $8.04/SF/yr · vacancy 6.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$470.1K
$411.3K – $548.5K (±1% cap)
NOI $32,907 @ 7.0% cap · market cap 5.48%
Second Best
Industrial
$387.1K
$338.8K – $451.7K (±1% cap)
NOI $27,100 @ 7.0% cap · market cap 4.52%
Theoretical Best
Hotel Hospitality
$3.88M
$3.39M – $4.53M (±1% cap)
NOI $271,534 @ 7.0% cap · market cap 45.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Electrical Service Locksmith Acupuncture Plumbing Service

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

242
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Versatile office and warehouse space in a thriving business hub.
Where is this flex space located?
The property is located at 520 N Veterans Boulevard San Juan, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: High‑visibility location on a busy boulevard; Benefit from a combination of 1,250 sq. ft. office space and 3,882 sq. ft. warehouse storage; Strategic positioning between I‑2 and the Pharr Bridge for easy transport access
More about this property
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