Shopping
5602 S Veterans Boulevard, Edinburg, TX 78542
For Sale
$445,000
The property occupies a South Veterans Boulevard address in Edinburg, Texas.
Property Size2,625 SF
Price / SF$169.52
Days on Market12
Property Features for 5602 S Veterans Boulevard
General Information
Standard status
Size
Taxes and HOA fees
Annual Taxes
Listing Agency:
Cultura Real Estate
(956) 803-0341
Listed By:
Tanya Chapa
(956) 933-4660
Source:
Exprealty
Added: Oct 29
Changed: Nov 7
Last Checked: Nov 8 at 11:20AM
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 Cultura Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 5602 South Veterans Boulevard, this shopping center is in Edinburg, Texas. The available property details identify the asset as a shopping center and establish its address.
Key Highlights
- 5602 S Veterans Boulevard address in Edinburg, Texas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,255
Cap Rate
6.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,100
$585.1K
Cap Rate 7%
$417,929
$417.9K
Cap Rate 9%
$325,056
$325.1K
Market Conditions
NOI Build-Up for 2,625 SF
Gross rent
$45.7K $17.40/SF
− Vacancy
−$3.9K −$1.48/SF
EGI
$41.8K $15.92/SF
− OpEx
−$12.5K −$4.78/SF
NOI
$29.3K $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%
$585,100
Cap Rate 7%
$417,929
Cap Rate 9%
$325,056
Alternative Uses
Best Use
Retail
$417.9K
$365.7K – $487.6K
NOI $29,255 @ 7.0% cap · market cap 6.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$681.1K
$596.0K – $794.6K
NOI $47,678 @ 7.0% cap · market cap 10.71%
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
181
Businesses Nearby
1k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Watermill Express
Shops & Services
1,128 visits/mo
0.3 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
$123,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Shopping centers in Hidalgo County, TX
Properties on Market for Shopping centers in Hidalgo County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Shopping center - The property occupies a South Veterans Boulevard address in Edinburg, Texas.
Where is this shopping center located?
The property is located at 5602 S Veterans Boulevard Edinburg, TX.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: 5602 S Veterans Boulevard address in Edinburg, Texas
