Medical Office
New
For Sale
Contact for pricing
712 S Nebraska Avenue, San Juan, TX 78589
Built in 1991, the property is available for medical office use.
Property Size5,970 SF
Price / SF$0.67
Days on Market1
Property Features for 712 S Nebraska Avenue
General Information
Standard status
Active
Size
5,970 SF
Property subtype
Commercial
Additional Details
Condition
Move-in Ready
Property Use
Office
Building Details
Year Built
1991
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:13PM
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.
The medical office property at 712 S Nebraska Avenue in San Juan, Texas, contains 5,970 square feet. Built in 1991, it is offered for sale as medical office space.
Key Highlights
- 5,970‑square‑foot medical office property
- Built in 1991
- Located at 712 S Nebraska Avenue in San Juan, TX 78589
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,334
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,766,680
$1.8M
Cap Rate 7%
$1,261,914
$1.3M
Cap Rate 9%
$981,489
$981.5K
Market Conditions
NOI Build-Up for 5,970 SF
Gross rent
$177.0K $29.64/SF
− Vacancy
−$29.7K −$4.98/SF
EGI
$147.2K $24.66/SF
− OpEx
−$58.9K −$9.86/SF
NOI
$88.3K $14.80/SF
Area
Hidalgo County, TX
Vacancy
16.80%
Lease Rate
$29.64 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,766,680
Cap Rate 7%
$1,261,914
Cap Rate 9%
$981,489
Alternative Uses
Best Use
Office B
$1.43M
$1.25M – $1.66M
NOI $99,860 @ 7.0% cap · market cap 2,499.62%
Second Best
Healthcare Medical
$1.26M
$1.10M – $1.47M
NOI $88,334 @ 7.0% cap · market cap 2,211.11%
Theoretical Best
Hotel Hospitality
$4.50M
$3.93M – $5.25M
NOI $314,768 @ 7.0% cap · market cap 7,879.05%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
492
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Built in 1991, the property is available for medical office use.
Where is this medical office space located?
The property is located at 712 S Nebraska Avenue San Juan, TX.
What are key features of this property?
This property features: 5,970‑square‑foot medical office property; Built in 1991; Located at 712 S Nebraska Avenue in San Juan, TX 78589
