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5-Unit Retail Building
New
For Sale
$600,000

8713 State Highway 107, Edinburg, TX 78542

Commercial Sale, Edinburg, TX

Property Size3,251 SF
Lot Size0.32 Acres
Price / SF$184.56
Days on Market2

Property Features for 8713 State Highway 107

General Information

Property type Commercial Sale
Property subtype Other
Parking 10
Appliances Electric Water Heater
Subdivision San Carlos
Directions GPS Accurate!
Standard status Active
APN S040000008001800
Size 3,251 SF
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3149

Utilities

Heating system Central
Cooling system Central Air

Amenities

individual A/C units
separate electric meters

Building Details

Year built 1975
Floors in Building 1
Building materials Wood Siding
Roof type Shingle
Listing Agency: SANETI Realty Group
Listed By: Jose Mendez
Added: Oct 21 Last Checked: Oct 22 at 5:06AM
MLS# 518495

Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

The freestanding retail building contains 3,251 square feet arranged as five units on a 0.3208-acre parcel. One remodeled space is described as ready for occupancy. Individual A/C units and separate electric meters serve the units.

The property is located on State Highway 107 in Edinburg, with expressway access and established national retailers in the surrounding commercial area. Built in 1975, the building has wood siding and a shingle roof.

Key Highlights

  • Five‑unit freestanding retail building totaling 3,251 square feet
  • 0.3208‑acre parcel on State Highway 107 in Edinburg
  • Immediate expressway access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,231
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$724,620 $724.6K
Cap Rate 7%
$517,586 $517.6K
Cap Rate 9%
$402,567 $402.6K
Market Conditions
NOI Build-Up for 3,251 SF
Gross rent
$56.6K $17.40/SF
− Vacancy
−$4.8K −$1.48/SF
EGI
$51.8K $15.92/SF
− OpEx
−$15.5K −$4.78/SF
NOI
$36.2K $11.14/SF
Area
Edinburg, TX
Vacancy
8.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$724,620
Cap Rate 7%
$517,586
Cap Rate 9%
$402,567

Alternative Uses

Best Use
Retail
$517.6K
$452.9K – $603.9K (±1% cap)
NOI $36,231 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$843.6K
$738.1K – $984.2K (±1% cap)
NOI $59,049 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Building Supply Pharmacy Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

140
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Separate electric meters serve the building’s individual retail units.
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 $600,000.
What are key features of this property?
This property features: Five‑unit freestanding retail building totaling 3,251 square feet; 0.3208‑acre parcel on State Highway 107 in Edinburg; Immediate expressway access
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