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700 N Veterans Boulevard, San Juan, TX 78589

Suites can be combined to create a larger contiguous office configuration.

Property Size1,250 SF
Price / SF$1.32
Days on Market1

Property Features for 700 N Veterans Boulevard

General Information

Standard status Active
Size 1,250 SF
Property subtype Commercial

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Property Use Office, Professional, Medical, Service-Oriented

Building Details

Year Built 2004
Tenancy Multi
Listing Agency: SANETI REALTY GROUP
Listed By: Alberto Sanchez
Source: Sanetirealty
Added: Nov 1 Last Checked: Nov 1 at 3:52PM

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 SANETI REALTY GROUP

Rey
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Investment Insights

Based on property information with market context.

Ebony Plaza is a multi-tenant office center at 700 N. Veterans Boulevard in San Juan, Texas. Available suites range from approximately 1,250 SF to 1,500 SF, with up to 2,500 contiguous SF offered. The building was constructed in 2004.

The property fronts Veterans Boulevard and provides access along the corridor. Water and electricity are not included.

Key Highlights

  • Office suites range from approximately 1,250 SF to 1,500 SF
  • Up to 2,500 contiguous SF available
  • Multi‑tenant office center built in 2004

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,909
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,180 $418.2K
Cap Rate 7%
$298,700 $298.7K
Cap Rate 9%
$232,322 $232.3K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$38.4K $30.72/SF
− Vacancy
−$10.5K −$8.42/SF
EGI
$27.9K $22.30/SF
− OpEx
−$7.0K −$5.58/SF
NOI
$20.9K $16.73/SF
Area
Hidalgo County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,180
Cap Rate 7%
$298,700
Cap Rate 9%
$232,322

Alternative Uses

Best Use
Office B
$298.7K
$261.4K – $348.5K (±1% cap)
NOI $20,909 @ 7.0% cap · market cap 1,267.21%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$941.5K
$823.8K – $1.10M (±1% cap)
NOI $65,906 @ 7.0% cap · market cap 3,994.30%
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

Office Units

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Kitchen & Bath Showroom Big Box & Wholesale 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

Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby

Demographics for 78589, TX

38,987
Population
12,393
Households
3.1
Avg Household Size
32
Median Age
13%
College-Educated
62%
High-School Grad
25.5 sq mi
ZIP Area
1,529
Density / Sq Mi
$51,662
Median Household Income
$27,679
Median Earnings
$926
Median Rent
$112,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Suites can be combined to create a larger contiguous office configuration.
Where is this office unit located?
The property is located at 700 N Veterans Boulevard San Juan, TX.
What are key features of this property?
This property features: Office suites range from approximately 1,250 SF to 1,500 SF; Up to 2,500 contiguous SF available; Multi‑tenant office center built in 2004
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