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    Highway Frontage Retail Opportunity Title is generated by Realmo AI

    2597 US HIGHWAY 77, San Benito, TX 78586

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    Shell building near medical district with parking.

    Type:Special Purpose
    Property size:
    1,800 SF
    Price / SF:
    $111/SF
    Added:
    Feb 7, 2024
    Days on Market:
    852
    Last Refresh:
    May 12 at 8:27 pm

    Property Features for 2597 US HIGHWAY 77

    General Information

    Standard status
    Active
    Size
    1,800 SF
    Property subtype
    Special Purpose

    Building Details

    Year Built
    2010

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    Listing Contact
    Karla Miller

    Listing agent Karla Miller License #TX

    Listing office RE/MAX ELITE

    Listing date Feb 7, 2024

    Source Crexi

    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 RE/MAX ELITE

    HighLights

    • Prime location near Harlingen Medical District (Valley Baptist Hospital)
    • Substantial 1800 sq ft of customizable business space
    • 14 dedicated parking spots
    • Handicap accessible
    • Windstorm certified
    • New construction (2010) - empty shell ready for build‑out

    Overview

    This commercial property offers approximately 1800 square feet of potential business space. Constructed in 2010, the building is an empty shell, allowing for customized build-out to suit specific business needs. It is windstorm certified and features 14 dedicated parking spots, including handicap accessibility. The property is located in close proximity to the Harlingen Medical District, specifically Valley Baptist Hospital, offering a strategic location for various business ventures.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $25.9k $14.40
    − Vacancy −$1.5k −$0.81
    EGI $24.5k $13.59
    − OpEx −$7.3k −$4.08
    NOI $17.1k $9.52
    1,800 SF · lease $14.40/SF/yr · vacancy 5.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $244.7K
    $214.1K – $285.5K (±1% cap)
    NOI $17,128 @ 7.0% cap · market cap 8.57%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $309.9K
    $271.2K – $361.6K (±1% cap)
    NOI $21,695 @ 7.0% cap · market cap 10.85%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Juanita’s Flower Shop — 102 S Sam Houston Blvd, San Benito, TX 78586
    • Telenora — 273 S Travis St, San Benito, TX 78586
    • Destanie's Creations — 299 Edwards St, San Benito, TX 78586
    • Rosalba's Flower Shop — 893 S Sam Houston Blvd B, San Benito, TX 78586
    • D & H EVENTS — San Benito, TX 78586

    Location Insight

    • Map
    • Local Demand
    City
    San Benito
    County
    Cameron
    State
    Texas
    Longitude
    -97.663225
    Latitude
    26.164813

    FAQs

    What type of property is this?
    Storefront property - Shell building near medical district with parking.
    Where is this storefront property located?
    The property is located at 2597 US HIGHWAY 77 San Benito, TX.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: Prime location near Harlingen Medical District (Valley Baptist Hospital); Substantial 1800 sq ft of customizable business space; 14 dedicated parking spots
    More about this property
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