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 Market175
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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
Listed By:
Veronica M Garza
(956) 391-5971
Source:
Aregtx
Added: Apr 24
Changed: Oct 11
Last Checked: Oct 15 at 2:04AM
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 / Yr
$46,551
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
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
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
