Mixed-Use Retail
810 E Veterans Boulevard Unit 19, Palmview, TX 78572
For Sale
New
Contact for pricing
The plaza includes select units fitted with grease traps for food-related businesses.
Property Size1,000 SF
Price / SF$1.15
Days on Market6
Property Features for 810 E Veterans Boulevard Unit 19
General Information
Standard status
Size
Property subtype
Amenities
grease trap
Building Details
Year Built
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 2:24PM
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.
Located at 810 E Veterans Boulevard in Palmview, this mixed-use property includes Unit 19 and was built in 2008. Select units in the plaza have grease traps, a feature relevant to food-related operations.
Nearby businesses include Burger King, Subway, Dollar Tree, and Dollar General.
Nearby businesses include Burger King, Subway, Dollar Tree, and Dollar General.
Key Highlights
- Built in 2008
- Select units have grease traps
- Nearby businesses include Burger King, Subway, Dollar Tree, and Dollar General
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,125
Suggested Prices Based on Cap Rates
Cap Rate 5%
$202,500
$202.5K
Cap Rate 7%
$144,643
$144.6K
Cap Rate 9%
$112,500
$112.5K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$18.0K $18.00/SF
− Vacancy
−$1.8K −$1.80/SF
EGI
$16.2K $16.20/SF
− OpEx
−$6.1K −$6.07/SF
NOI
$10.1K $10.13/SF
Area
Hidalgo County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$202,500
Cap Rate 7%
$144,643
Cap Rate 9%
$112,500
Alternative Uses
Best Use
Retail
$192.9K
$168.8K – $225.0K
NOI $13,502 @ 7.0% cap · market cap 1,174.09%
Second Best
Mixed Use
$144.6K
$126.6K – $168.8K
NOI $10,125 @ 7.0% cap · market cap 880.43%
Theoretical Best
Hotel Hospitality
$753.2K
$659.1K – $878.8K
NOI $52,725 @ 7.0% cap · market cap 4,584.78%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
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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
$121,900
Median Home Value
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Market
Average Price Trend$/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 - The plaza includes select units fitted with grease traps for food-related businesses.
Where is this mixed-use property located?
The property is located at 810 E Veterans Boulevard Unit 19 Palmview, TX.
What are key features of this property?
This property features: Built in 2008; Select units have grease traps; Nearby businesses include Burger King, Subway, Dollar Tree, and Dollar General
