524 S Closner Boulevard, Edinburg, TX 78539
COMMERCIAL - Edinburg, TX
- Added:
- Sep 4, 2025
- Days on Market:
- 280
- Last Refresh:
- Jun 10 at 7:06 am
Property Features for 524 S Closner Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C2
- Parking
- 130
- Parking features
- Special Needs, On Street, Off Street
- Exterior features
- Balcony
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Electric Water Heater, Water Heater (In Attic)
- Standard status
- Active
- APN
- A26630000000B600
- Size
- 2,000 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3100
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2002
- Floors in Building
- 1
- Building materials
- Stucco
- Roof type
- Flat
Listing agent J.c. Lowe (956) 821-0547
Listing office Signature Properties Po Box 720366, McAllen, TX (956) 630-3100
Listing date Sep 4, 2025
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.
HighLights
- Interior unit in a 3‑unit complex with a current lease running through 2/2028
- Balcony included
- Central electric heating and central air conditioning with electric cooling
- Electric water heater with an additional water heater located in the attic
- Accessible approach with ramp; parking includes on‑street and off‑street options, plus special needs parking
- Built in 2002 with stucco exterior and a flat roof
Overview
Located at 524 S Closner Boulevard in Edinburg, Texas 78539, the asset is zoned C2. The current lease is in place through 2/2028, and a total of three units are available in the complex.
For investors or owner-operators looking for retail space with an existing tenant, this updated interior unit offers a turn-key position within a small, multi-unit setup. The in-place lease terms through February 2028 should be reviewed by interested parties alongside the overall configuration of the complex and the other available units.
Local Financial Insights For Retail
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 | $34.8k | $17.40 |
| − Vacancy | −$3.0k | −$1.48 |
| EGI | $31.8k | $15.92 |
| − OpEx | −$9.6k | −$4.78 |
| NOI | $22.3k | $11.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.162917
- Latitude
- 26.296553
