Versatile Office and Warehouse
520 N Veterans Boulevard San Juan, TX 78589
For Sale
Contact for pricing
Office and warehouse space with high visibility and easy access.
Property Size5,150 SF
Price / SF$116.50
Days on Market629
Property Features for 520 N Veterans Boulevard
General Information
- Standard status
- Active
- Size
- 5,150 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1981
Listing Agency:
Cobos Real Estate Services LLC
Listed By:
Alejandra Cobos · License #582452
Source:
Crexi
Added: Nov 2, 2024
Changed: Jul 6
Last Checked: Jul 22 at 12:38PM
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 Cobos Real Estate Services LLC
Investment Insights
Based on property information with market context.
Located on a high-visibility site along a busy route, the property features 1,250 square feet of office space and approximately 3,882 square feet of warehouse storage. Situated between I-2 and the Pharr Bridge, the location provides access to key transport routes. The property is located in a business hub, surrounded by established enterprises, making it suitable for both new and expanding businesses.
Key Highlights
- High‑visibility location on a busy boulevard
- Benefit from a combination of 1,250 sq. ft. office space and appx 3,882 sq. ft. warehouse storage
- Convenient access to I‑2 and the Pharr Bridge
Financial Insights For Warehouse
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 | $41.4k | $8.04 |
| − Vacancy | −$2.7k | −$0.52 |
| EGI | $38.7k | $7.52 |
| − OpEx | −$5.8k | −$1.13 |
| NOI | $32.9k | $6.39 |
5,150 SF · lease $8.04/SF/yr · vacancy 6.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.23M
$1.08M – $1.44M
NOI $86,144 @ 7.0% cap · market cap 14.36%
Second Best
Warehouse
$470.1K
$411.3K – $548.5K
NOI $32,907 @ 7.0% cap · market cap 5.48%
Theoretical Best
Hotel Hospitality
$3.88M
$3.39M – $4.53M
NOI $271,534 @ 7.0% cap · market cap 45.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Office and warehouse space with high visibility and easy access.
Where is this flex space located?
The property is located at 520 N Veterans Boulevard San Juan, 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: High‑visibility location on a busy boulevard; Benefit from a combination of 1,250 sq. ft. office space and appx 3,882 sq. ft. warehouse storage; Convenient access to I‑2 and the Pharr Bridge
