Corner Unit Retail Space with
For Sale
$279,000
526 S Closner Boulevard, Edinburg, TX 78539
COMMERCIAL - Edinburg, TX
Property Size2,000 SF
Lot Size0.09 Acres
Price / SF$139.50
Days on Market336
Property Features for 526 S Closner Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C
Parking
130
Parking features
Special Needs, Off Street, On Street
Exterior features
Balcony
Accessibility
Accessible Approach with Ramp
Appliances
Electric Water Heater, Water Heater (In Attic)
Subdivision
Alhambra Plaza Condos
Lot features
Downtown, Medical Complex, Office Complex
Directions
Just south of courthouse on Closner/Business 281.
Standard status
Active
APN
A26630000000B700
Size
2,000 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3100
HOA Fee
$150 Monthly
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 Agency:
Signature Properties
(956) 630-3100
Listed By:
J.c. Lowe
(956) 821-0547
Added: Sep 4, 2025
Changed: Aug 4
Last Checked: Aug 5 at 4:06AM
MLS# 480068
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.
This corner unit in a strip-mall setting features additional windows and a balcony. The unit is part of a total of three available units within the complex, and the current lease is month-to-month. Construction includes stucco exterior with a flat roof, and the unit is equipped with electric water heating, plus central electric heating and central air conditioning.
The property sits on a 0.09-acre lot and is about 2,000 square feet. Access includes an accessible approach with a ramp. Parking is available via on-street and off-street options, including special-needs parking.
Built in 2002, the unit offers a straightforward tenant-ready configuration for a storefront user seeking flexible short-cycle occupancy under a month-to-month arrangement.
The property sits on a 0.09-acre lot and is about 2,000 square feet. Access includes an accessible approach with a ramp. Parking is available via on-street and off-street options, including special-needs parking.
Built in 2002, the unit offers a straightforward tenant-ready configuration for a storefront user seeking flexible short-cycle occupancy under a month-to-month arrangement.
Key Highlights
- Corner unit with additional windows
- Balcony included
- Month‑to‑month lease in place
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 |
2,000 SF · lease $17.40/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$318.4K
$278.6K – $371.5K
NOI $22,289 @ 7.0% cap · market cap 7.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$518.9K
$454.1K – $605.4K
NOI $36,326 @ 7.0% cap · market cap 13.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
Explore this area
Business Placement
Demographics for 78539, TX
37,686
Population
15,759
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
84%
High-School Grad
12.2 sq mi
ZIP Area
3,089
Density / Sq Mi
$64,864
Median Household Income
$38,413
Median Earnings
$1,034
Median Rent
$198,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Corner unit with additional windows, balcony, and central electric HVAC in a small strip-mall complex.
Where is this strip mall located?
The property is located at 526 S Closner Boulevard Edinburg, TX.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Corner unit with additional windows; Balcony included; Month‑to‑month lease in place
