Mixed-Use Property with
804 W Veterans Boulevard, Palmview, TX 78572
For Sale
New
$315,000
Restaurant, meat market, office, salon, and fitness areas support a range of commercial functions.
Property Size1,830 SF
Price / SF$172.13
Days on Market6
Property Features for 804 W Veterans Boulevard
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Tenancy
Listing Agency:
Texus Realty
Listed By:
Israel Gutierrez · License #0558344
(512) 846-9332
Source:
Texusrealty
Added: Nov 1
Changed: Nov 6
Last Checked: Nov 6 at 2:31PM
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 Texus Realty
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Investment Insights
Based on property information with market context.
Built in 2001, this 1,830-square-foot mixed-use property at 804 W Veterans Boulevard includes a restaurant, meat market, office space, beauty salon, and gym area. The combination of commercial spaces provides a varied configuration within one property.
The property is located on W Veterans Boulevard in Palmview, Texas.
The property is located on W Veterans Boulevard in Palmview, Texas.
Key Highlights
- 1,830‑square‑foot mixed‑use property
- Includes restaurant and meat market areas
- Office space, beauty salon, and gym area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,558
Cap Rate
8.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,160
$531.2K
Cap Rate 7%
$379,400
$379.4K
Cap Rate 9%
$295,089
$295.1K
Market Conditions
NOI Build-Up for 1,830 SF
Gross rent
$37.6K $20.52/SF
− Vacancy
−$2.1K −$1.17/SF
EGI
$35.4K $19.35/SF
− OpEx
−$8.9K −$4.84/SF
NOI
$26.6K $14.51/SF
Area
Hidalgo County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,160
Cap Rate 7%
$379,400
Cap Rate 9%
$295,089
Alternative Uses
Best Use
Specialty Retail
$379.4K
$332.0K – $442.6K
NOI $26,558 @ 7.0% cap · market cap 8.43%
Second Best
Retail
$353.0K
$308.9K – $411.8K
NOI $24,709 @ 7.0% cap · market cap 7.84%
Theoretical Best
Hotel Hospitality
$1.38M
$1.21M – $1.61M
NOI $96,487 @ 7.0% cap · market cap 30.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
Explore this area
Business Placement
Demographics for 78572, TX
78,280
Population
32,696
Households
2.4
Avg Household Size
36
Median Age
25%
College-Educated
75%
High-School Grad
53.7 sq mi
ZIP Area
1,458
Density / Sq Mi
$54,029
Median Household Income
$30,004
Median Earnings
$900
Median Rent
$121,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Hidalgo County, TX
Properties on Market for Mixed-use properties in Hidalgo County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Restaurant, meat market, office, salon, and fitness areas support a range of commercial functions.
Where is this mixed-use property located?
The property is located at 804 W Veterans Boulevard Palmview, TX.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 1,830‑square‑foot mixed‑use property; Includes restaurant and meat market areas; Office space, beauty salon, and gym area
