Open-Layout Retail
New
For Sale
Contact for pricing
901 W 1st Street, San Juan, TX 78589
The open interior can be configured to suit a business’s needs.
Property Size1,200 SF
Price / SF$1.54
Days on Market1
Property Features for 901 W 1st Street
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Commercial
Building Details
Year Built
2016
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:34PM
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 SANETI REALTY GROUP
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail suite features an open interior that can be adapted to a business’s needs. The property was built in 2016 and is located at 901 W 1st Street in San Juan, Texas.
Key Highlights
- Open interior layout
- Built in 2016
- 901 W 1st Street, San Juan, TX 78589
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,203
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,060
$324.1K
Cap Rate 7%
$231,471
$231.5K
Cap Rate 9%
$180,033
$180.0K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$24.6K $20.52/SF
− Vacancy
−$1.5K −$1.23/SF
EGI
$23.1K $19.29/SF
− OpEx
−$6.9K −$5.79/SF
NOI
$16.2K $13.50/SF
Area
Hidalgo County, TX
Vacancy
6.00%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,060
Cap Rate 7%
$231,471
Cap Rate 9%
$180,033
Alternative Uses
Best Use
Retail
$231.5K
$202.5K – $270.1K
NOI $16,203 @ 7.0% cap · market cap 875.84%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$903.9K
$790.9K – $1.05M
NOI $63,270 @ 7.0% cap · market cap 3,420.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
751
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
SUBWAY
Dining
2,578 visits/mo
0.4 miles
Marco's Pizza
Dining
1,339 visits/mo
0.4 miles
Demographics for 78589, TX
38,987
Population
12,393
Households
3.1
Avg Household Size
32
Median Age
13%
College-Educated
62%
High-School Grad
25.5 sq mi
ZIP Area
1,529
Density / Sq Mi
$51,662
Median Household Income
$27,679
Median Earnings
$926
Median Rent
$112,400
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
Frequently Asked Questions
What type of property is this?
Retail space - The open interior can be configured to suit a business’s needs.
Where is this retail space located?
The property is located at 901 W 1st Street San Juan, TX.
What are key features of this property?
This property features: Open interior layout; Built in 2016; 901 W 1st Street, San Juan, TX 78589
