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Five-Suite Strip Mall
For Sale
$725,000

604 S 77 SUNSHINE STRIP, Harlingen, TX 78550

Commercial Sale, HARLINGEN, TX

Property Size5,658 SF
Lot Size0.28 Acres
Price / SF$128.14
Days on Market139

Property Features for 604 S 77 SUNSHINE STRIP

General Information

Property type Commercial Sale
Property subtype Other
Subdivision WINDSOR PLACE
Standard status Active
Lot size 0.28 Acres

Additional Details

Tenant in Place Yes

Building Details

Year built 1984
Floors in Building 1
Buildings 1
Listing Agency: KELLER WILLIAMS LRGV · Keller Williams Realty
Listed By: AUDREY KRUPALA · License #672812
Added: Jun 16 Changed: Oct 28 Last Checked: Nov 1 at 1:06PM
MLS# 29777234

Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 5,658-square-foot strip mall contains five fully leased suites within a commercial building constructed in 1984. The multi-suite layout supports a diversified tenant arrangement and provides occupied space across the property.

Located at 604 S 77 Sunshine Strip in Harlingen, the property is surrounded by established businesses, retail centers, restaurants, and professional services. Its setting along a well-traveled thoroughfare provides exposure to the surrounding commercial activity.

The parcel encompasses 0.2803 acres and the building is identified as a strip mall, providing a compact commercial format with multiple individual suites.

Key Highlights

  • 5,658‑square‑foot commercial building
  • Five fully leased suites
  • Constructed in 1984

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$53,839
Cap Rate
7.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,076,780 $1.1M
Cap Rate 7%
$769,129 $769.1K
Cap Rate 9%
$598,211 $598.2K
Market Conditions
NOI Build-Up for 5,658 SF
Gross rent
$81.5K $14.40/SF
− Vacancy
−$4.6K −$0.81/SF
EGI
$76.9K $13.59/SF
− OpEx
−$23.1K −$4.08/SF
NOI
$53.8K $9.52/SF
Area
Cameron County, TX
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,076,780
Cap Rate 7%
$769,129
Cap Rate 9%
$598,211

Alternative Uses

Best Use
Retail
$769.1K
$673.0K – $897.3K (±1% cap)
NOI $53,839 @ 7.0% cap · market cap 7.43%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$974.2K
$852.4K – $1.14M (±1% cap)
NOI $68,195 @ 7.0% cap · market cap 9.41%
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

Fitsity Personal Training ... Gym & Fitness Center South Texas Psychiatry ... Medical Clinic Next Level Medical ... Medical Clinic HTV Etc (Bike/Boat/Book/etc) Store Pretty Paws Salon ... Pet Grooming Service

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Auto Parts Store Building Supply Electrical Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Office units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

661
Businesses Nearby
197k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 33% Shops & Services 31% Groceries 25% Apparel 10%
H-E-B Groceries
49,158 visits/mo 0.3 miles
McDonald's Dining
37,176 visits/mo 0.1 miles
H-E-B Fuel Shops & Services
20,314 visits/mo 0.3 miles
Melrose Apparel
19,871 visits/mo 0.3 miles
Dollar Tree Shops & Services
18,741 visits/mo 0.3 miles

Demographics for 78550, TX

56,038
Population
22,347
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
77%
High-School Grad
94.2 sq mi
ZIP Area
595
Density / Sq Mi
$51,524
Median Household Income
$32,065
Median Earnings
$863
Median Rent
$120,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - Five fully leased suites provide a multi-tenant commercial configuration.
Where is this strip mall located?
The property is located at 604 S 77 SUNSHINE STRIP Harlingen, TX.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 5,658‑square‑foot commercial building; Five fully leased suites; Constructed in 1984
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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