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    Single-Story Flex Building with Office Title is generated by Realmo AI

    6021 N EXPWY 281, Edinburg, TX 78542

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    New
    For Sale
    $2,900,000

    COMMERCIAL - Edinburg, TX

    Property size:
    22,325 SF
    Lot size:
    5.48 Acres
    Price / SF:
    $129/SF
    Added:
    Jun 6, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 6 at 5:06 pm

    Property Features for 6021 N EXPWY 281

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    20
    Security features
    Security Lighting
    Exterior features
    Storage, Mature Trees
    Appliances
    Electric Water Heater
    Standard status
    Active
    APN
    T062000000000100
    Size
    22,325 SF
    Lot size
    5.48 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    34410

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Central Air

    Building Details

    Year built
    2010
    Floors in Building
    1
    Building materials
    Aluminum Siding
    Roof type
    Metal
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Benjamin Garcia

    Listing agent Benjamin Garcia

    Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX

    Listing date Jun 6, 2026

    MLS# 506418

    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

    • 5.56‑acre property with a single‑story building totaling about 22,325 SF (+/-) and room to expand
    • About 15,148 SF of service area plus about 3,968 SF (+/-) of air‑conditioned office space
    • Retail layout includes reception, three offices, and a waiting area
    • 2 regular restrooms and a third restroom with a shower
    • Includes 4 separate storage areas steps from the main building
    • 2010 construction with metal roof, aluminum siding, central air, and electric heating

    Overview

    This single-story commercial property includes an approximately 22,325-square-foot (+/-) building designed to support both customer-facing and operational use. The layout includes an approximately 15,148-square-foot (+/-) service area along with approximately 3,968-square-feet (+/-) of air-conditioned office space. The office portion is currently arranged with a reception area, three offices, a waiting area, and two regular restrooms, plus a third restroom that includes a shower. In addition, there are four separate storage areas steps away from the main building.

    The property is located at 6021A N Expwy 281 in Edinburg, TX and is described as being in a high-traffic area. The site provides approximately 5.48 acres (lot size given as 5.48; remarks reference room to expand on approximately 5.56 acres), which can be useful for tenants or operators looking for flexibility on-site.

    With the current mix of service space, office space, and nearby storage, the building can be a practical fit for retail, industrial, or office users who want an existing configuration rather than starting from scratch. The combination of customer-facing reception and waiting areas with multiple office rooms and on-site storage may support a range of operations, while the acreage provides room to consider future site planning needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.146256
    Latitude
    26.364336

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    FAQs

    What type of property is this?
    Flex space - Single-story building with air-conditioned office space and service areas on a high-traffic site with room to expand.
    Where is this flex space located?
    The property is located at 6021 N EXPWY 281 Edinburg, TX.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: 5.56‑acre property with a single‑story building totaling about 22,325 SF (+/-) and room to expand; About 15,148 SF of service area plus about 3,968 SF (+/-) of air‑conditioned office space; Retail layout includes reception, three offices, and a waiting area
    (956) 227-7653
    We can help!
    Listing Contact
    Benjamin Garcia
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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