Brand-New Retail Plaza
For Sale
$4,500,000
901 S Raul Longoria Rd, Edinburg, TX 78542
New commercial plaza offers 20 retail suites totaling 19,297 square feet on 1.5 acres.
Property Size19,297 SF
Lot Size1.50 Acres
Price / SF$233.20
Days on Market52
Property Features for 901 S Raul Longoria Rd
General Information
Standard status
Active
Size
19,297 SF
Lot size
1.50 Acres
Building Details
Year Built
2025
Tenancy
Multi
Listing Agency:
Keller Williams Realty RGV
Listed By:
Jaime Lee Gonzalez · License #713189
(956) 566-8377
Source:
Aregtx
Added: Jul 25
Changed: Sep 6
Last Checked: Sep 13 at 4:23PM
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 Keller Williams Realty RGV
Investment Insights
Based on property information with market context.
A brand-new commercial plaza is being introduced in North Edinburg, offering 20 retail suites within a 19,297-square-foot development on 1.5 acres. The project is designed to provide multiple storefront-ready spaces in one convenient retail setting.
The plaza is positioned near schools, residential neighborhoods, the H-E-B Park Complex, and Los Lagos Golf Course, with visibility and accessibility intended for a high-traffic area.
For businesses seeking a purpose-built retail location, the property’s suite count and new construction profile support flexible occupancy within a single commercial plaza.
The plaza is positioned near schools, residential neighborhoods, the H-E-B Park Complex, and Los Lagos Golf Course, with visibility and accessibility intended for a high-traffic area.
For businesses seeking a purpose-built retail location, the property’s suite count and new construction profile support flexible occupancy within a single commercial plaza.
Key Highlights
- New commercial plaza built in 2025
- 19,297 SF commercial plaza on 1.5 acres
- 20 retail suites within the plaza
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
$215,059
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
4.78%
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%
$4,301,180
$4.3M
Cap Rate 7%
$3,072,271
$3.1M
Cap Rate 9%
$2,389,544
$2.4M
Market Conditions
NOI Build-Up for 19,297 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
$335.8K $17.40/SF
− Vacancy
−$28.5K −$1.48/SF
EGI
$307.2K $15.92/SF
− OpEx
−$92.2K −$4.78/SF
NOI
$215.1K $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 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%
$4,301,180
Cap Rate 7%
$3,072,271
Cap Rate 9%
$2,389,544
Alternative Uses
Best Use
Retail
$3.07M
$2.69M – $3.58M
NOI $215,059 @ 7.0% cap · market cap 4.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.01M
$4.38M – $5.84M
NOI $350,495 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
145
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - New commercial plaza offers 20 retail suites totaling 19,297 square feet on 1.5 acres.
Where is this shopping center located?
The property is located at 901 S Raul Longoria Rd Edinburg, TX.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: New commercial plaza built in 2025; 19,297 SF commercial plaza on 1.5 acres; 20 retail suites within the plaza
