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Commercial Building with Leased Suites
For Sale
$799,900

604 S 77 SUNSHINE STRIP, Harlingen, TX 78550

COMMERCIAL - HARLINGEN, TX

Property Size5,658 SF
Lot Size0.28 Acres
Price / SF$141.38
Days on Market48

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

Building Details

Year built 1984
Floors in Building 1
Listing Agency: KELLER WILLIAMS LRGV · Keller Williams Realty
Listed By: AUDREY KRUPALA
Added: Jun 16 Changed: Jul 22 Last Checked: Aug 2 at 2:06AM
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.

Investment Insights

Based on property information with market context.

This commercial building offers 5,658 square feet and features five fully leased suites, providing an immediately income-producing configuration. The property is described as well maintained, reflecting pride of ownership throughout.

Located at 604 S 77 Sunshine Strip in Harlingen, the building is positioned along a well-traveled thoroughfare with visibility and accessibility. Public remarks note surrounding established businesses, retail centers, restaurants, and professional services.

Owner financing is available, offering an additional option for qualified buyers evaluating a commercial investment with an already leased suite mix.

Key Highlights

  • 1984‑built 5,658 SF commercial building in Harlingen
  • Five fully leased suites with a diversified tenant mix
  • Immediate income from multiple occupied suites

Financial Insights For Flex RnD

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 $75.4k $13.32
− Vacancy −$904 −$0.16
EGI $74.5k $13.16
− OpEx −$26.1k −$4.61
NOI $48.4k $8.55
5,658 SF · lease $13.32/SF/yr · vacancy 1.20% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$691.4K
$605.0K – $806.7K (±1% cap)
NOI $48,399 @ 7.0% cap · market cap 6.05%
Second Best
Warehouse
$459.2K
$401.8K – $535.7K (±1% cap)
NOI $32,143 @ 7.0% cap · market cap 4.02%
Theoretical Best
Healthcare Medical
$974.2K
$852.4K – $1.14M (±1% cap)
NOI $68,195 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities.

Property 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 Electrical Service Grocery & Convenience Store HVAC Service

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,023
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Commercial building with five fully leased suites, totaling 5,658 square feet, with owner financing available.
Where is this flex space 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 $799,900.
What are key features of this property?
This property features: 1984‑built 5,658 SF commercial building in Harlingen; Five fully leased suites with a diversified tenant mix; Immediate income from multiple occupied suites
More about this property
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