Two-Unit Mixed-Use
New
For Sale
Contact for pricing
710 N Closner Boulevard N, Edinburg, TX 78541
Retail or office activity can occupy the lower level, with residential or office use upstairs.
Property Size1,000 SF
Price / SF$1.00
Days on Market1
Property Features for 710 N Closner Boulevard N
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Property Use
Office
Building Details
Year Built
1978
Buildings
1
Stories
2
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 1:48AM
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
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Investment Insights
Based on property information with market context.
This two-level mixed-use property in Edinburg offers 1,000 square feet and two units, with retail and office space available. The upper and lower levels can accommodate residential or small office use, while the ground floor is also suited to retail use.
The property is near the Hidalgo County Courthouse, with access to the expressway and Highway 281.
The property is near the Hidalgo County Courthouse, with access to the expressway and Highway 281.
Key Highlights
- Two units arranged across upper and lower levels
- 1,000 square feet
- Lower‑level retail or office space; upper level may be used for residential or office purposes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,145
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,900
$222.9K
Cap Rate 7%
$159,214
$159.2K
Cap Rate 9%
$123,833
$123.8K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$17.4K $17.40/SF
− Vacancy
−$1.5K −$1.48/SF
EGI
$15.9K $15.92/SF
− OpEx
−$4.8K −$4.78/SF
NOI
$11.1K $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%
$222,900
Cap Rate 7%
$159,214
Cap Rate 9%
$123,833
Alternative Uses
Best Use
Mixed Use
$160.9K
$140.8K – $187.7K
NOI $11,261 @ 7.0% cap · market cap 1,126.10%
Second Best
Retail
$159.2K
$139.3K – $185.8K
NOI $11,145 @ 7.0% cap · market cap 1,114.50%
Theoretical Best
Office A
$259.5K
$227.0K – $302.7K
NOI $18,163 @ 7.0% cap · market cap 1,816.30%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,267
Businesses Nearby
Explore this area
Business Placement
Demographics for 78541, TX
48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail or office activity can occupy the lower level, with residential or office use upstairs.
Where is this mixed-use property located?
The property is located at 710 N Closner Boulevard N Edinburg, TX.
What are key features of this property?
This property features: Two units arranged across upper and lower levels; 1,000 square feet; Lower‑level retail or office space; upper level may be used for residential or office purposes
