Remodeled Retail
For Sale
$650,000
8713 State Highway 107, Edinburg, TX 78542
Flexible commercial space with updated air conditioning, individual electric metering, and paved customer parking.
Property Size3,251 SF
Price / SF$199.94
Days on Market130
Property Features for 8713 State Highway 107
General Information
Standard status
Active
Size
3,251 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Amenities
new A/C units with individual electric meters
Building Details
Year Built
1975
Listing Agency:
Golden Valley Real Estate
(956) 391-5971
Listed By:
Veronica M Garza
Source:
Aregtx
Added: Apr 24
Changed: Aug 30
Last Checked: Aug 30 at 8:09PM
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 Golden Valley Real Estate
Investment Insights
Based on property information with market context.
This retail suite at 8713 State Highway 107 provides a recently remodeled commercial setting for office, retail, salon, barbershop, or other professional-service use. The property includes new A/C units and individual electric meters for the suite. Water and trash are included in the rent.
Built in 1975, the property sits along a busy road near the expressway and is surrounded by established stores and businesses. The site includes 20 parking spaces and a paved driveway, supporting customer and staff access.
Built in 1975, the property sits along a busy road near the expressway and is surrounded by established stores and businesses. The site includes 20 parking spaces and a paved driveway, supporting customer and staff access.
Key Highlights
- Recently remodeled retail suite at 8713 State Highway 107
- New A/C units with individual electric meters
- 20 parking spaces with paved driveway
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,551
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$931,020
$931.0K
Cap Rate 7%
$665,014
$665.0K
Cap Rate 9%
$517,233
$517.2K
Market Conditions
NOI Build-Up for 3,251 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$72.2K $22.20/SF
− Vacancy
−$10.1K −$3.11/SF
EGI
$62.1K $19.09/SF
− OpEx
−$15.5K −$4.77/SF
NOI
$46.6K $14.32/SF
Area
Edinburg, TX
Vacancy
14.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$931,020
Cap Rate 7%
$665,014
Cap Rate 9%
$517,233
Alternative Uses
Best Use
Office B
$665.0K
$581.9K – $775.9K
NOI $46,551 @ 7.0% cap · market cap 7.16%
Second Best
Retail
$517.6K
$452.9K – $603.9K
NOI $36,231 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$843.6K
$738.1K – $984.2K
NOI $59,049 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Explore this area
Business Placement
Demographics for 78542, TX
84,678
Population
25,198
Households
3.4
Avg Household Size
28
Median Age
13%
College-Educated
64%
High-School Grad
176.0 sq mi
ZIP Area
481
Density / Sq Mi
$52,962
Median Household Income
$30,377
Median Earnings
$876
Median Rent
$123,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Flexible commercial space with updated air conditioning, individual electric metering, and paved customer parking.
Where is this retail space located?
The property is located at 8713 State Highway 107 Edinburg, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Recently remodeled retail suite at 8713 State Highway 107; New A/C units with individual electric meters; 20 parking spaces with paved driveway
