Corner Convenience Store with
910 Edinburg Avenue Unit 0 Elsa, TX 78542
For Sale
$950,000
Freestanding corner convenience store with a drive-thru and a fully built-out commercial kitchen for food service use.
Property Size2,309 SF
Price / SF$411.43
Days on Market196
Property Features for 910 Edinburg Avenue Unit 0
General Information
- Standard status
- Active
- Size
- 2,309 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1988
Listing Agency:
Rio Valley Realty
(956) 292-3622
Listed By:
Marla Cantu
(956) 292-3622
Source:
Xome
Added: Jan 8
Changed: Jul 23
Last Checked: Jul 23 at 1:58PM
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 Rio Valley Realty
Investment Insights
Based on property information with market context.
This freestanding corner convenience store includes retail space and a commercial kitchen build-out designed for food preparation and service. Interior features include shelving, walk-in coolers, beverage coolers, prep areas, and refrigeration. The property also offers a drive-thru canopy, supporting efficient customer flow and service.
The site is positioned for visibility from a major roadway and provides multiple points of ingress and egress, along with ample on-site parking.
The overall layout supports grab-and-go and restaurant-style operations, with the retail merchandising area paired with the kitchen and refrigeration infrastructure already in place.
The site is positioned for visibility from a major roadway and provides multiple points of ingress and egress, along with ample on-site parking.
The overall layout supports grab-and-go and restaurant-style operations, with the retail merchandising area paired with the kitchen and refrigeration infrastructure already in place.
Key Highlights
- Freestanding corner convenience store with drive‑thru for food service and grab‑and‑go concepts
- Includes a fully built‑out commercial kitchen setup with prep areas and refrigeration
- Retail interior features include shelving, walk‑in coolers, and beverage coolers
Financial Insights For Specialty 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 | $47.4k | $20.52 |
| − Vacancy | −$2.7k | −$1.17 |
| EGI | $44.7k | $19.35 |
| − OpEx | −$11.2k | −$4.84 |
| NOI | $33.5k | $14.51 |
2,309 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$478.7K
$418.9K – $558.5K
NOI $33,510 @ 7.0% cap · market cap 3.53%
Second Best
Retail
$445.4K
$389.7K – $519.6K
NOI $31,176 @ 7.0% cap · market cap 3.28%
Theoretical Best
Hotel Hospitality
$1.74M
$1.52M – $2.03M
NOI $121,742 @ 7.0% cap · market cap 12.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Drop Box Only
Charitable Organization
FAQs
What type of property is this?
Grocery and convenience store - Freestanding corner convenience store with a drive-thru and a fully built-out commercial kitchen for food service use.
Where is this grocery and convenience store located?
The property is located at 910 Edinburg Avenue Unit 0 Elsa, TX.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Freestanding corner convenience store with drive‑thru for food service and grab‑and‑go concepts; Includes a fully built‑out commercial kitchen setup with prep areas and refrigeration; Retail interior features include shelving, walk‑in coolers, and beverage coolers
