Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1923 Veterans Rd San Juan, TX 78589

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Texas land, high traffic location, development potential.

    Property Features for 1923 Veterans Rd

    General Information

    Property type
    Land
    Lot Size
    237,402 SF

    We can help!

    Listing Contact
    Rogelio Rivera
    Rogelio Rivera

    Listing Agency: Plaza Realty Listing Agent: Rogelio Rivera

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 5.45-acre commercial and residential land parcel is strategically located at 1923 N Veterans Road, San Juan, Texas, 78589. The property boasts approximately 197.4 feet of frontage on N. Veterans Boulevard, a four-lane paved road providing high visibility and accessibility. This main artery connects Pharr/San Juan to Edinburg, ensuring significant traffic volume. Its location offers convenient access to key transportation routes. Nolana Loop provides access to McAllen-Mission, while Interstate 2 offers connections east to Harlingen/South Padre Island/Mexico and west to McAllen/Laredo. Interstate 69C provides further connectivity north to Houston/San Antonio/Corpus Christi and south to Mexico. The Hidalgo County Appraisal District confirms the 5.45-acre net size. This property presents a unique opportunity for developers seeking a prominent location with excellent connectivity and high traffic counts. The versatile zoning allows for both commercial and residential development, making it an ideal investment for a variety of projects. The property's size and location make it a highly attractive proposition for businesses and residential developers alike. This prime location offers unparalleled access to a thriving regional economy and a growing population.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    San Juan
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1620049
    Latitude
    26.213545

    Nearby Similar for Sale

    • $620,000
      5,150 SF

      San Juan Commercial Flex Space

      Versatile office and warehouse space in a thriving business hub.
      520 N Veterans Blvd, San Juan, TX 78589
      View Details
    • $590,000
      Pending

      San Juan Commercial Plaza

      Well-maintained commercial plaza with mixed-use units in high-traffic location.
      2012 N Raul Longoria Rd, San Juan, TX 78589
      View Details
    • $1,150,000
      2,976 SF

      San Juan Commercial Investment Property

      Leased commercial property in high-traffic area, ideal for food park.
      101 Alta St, San Juan, TX 78589
      View Details
    • $269,900
      448 SF

      Commercial Building in San Juan, TX

      Commercial building in high-traffic area suitable for various businesses.
      108 N Nebraska Ave, San Juan, TX 78589
      View Details
    • $950,000
      3,264 SF

      Mixed-Use Property in High-Visibility Location

      Versatile property with redevelopment potential in a rapidly developing corridor.
      3901 N Raul Longoria Rd, San Juan, TX 78589
      View Details
    • $2,999,999
      11,520 SF

      San Juan Commercial Plaza

      High-traffic commercial plaza with 12 suites in San Juan.
      111 W Nolana Loop, San Juan, TX 78589
      View Details
    • $260,000

      Office in High-Visibility San Juan

      Office property with high visibility on a busy corridor.
      300 N Veterans Blvd, San Juan, TX 78589
      View Details
    • $1,690,000
      9,331 SF

      San Juan Commercial Plaza

      Fully leased commercial plaza in San Juan, Texas for sale.
      302 E Business 83, San Juan, TX 78596
      View Details
    • $505,000
      4,044 SF

      San Juan Multifamily Investment Property

      Multifamily property in San Juan, TX, ideal for investment.
      1106 Copper Ln, San Juan, TX 78589
      View Details
    • $535,000
      4,322 SF

      San Juan Fourplex in Meadows

      Contemporary fourplex in San Juan near Expressway 83.
      1609 Angelina Dr, San Juan, TX 78589
      View Details
    • $545,000
      4,322 SF

      Modern Fourplex in San Juan

      Contemporary four-unit multifamily property in a desirable location.
      1700 Angelina Dr, San Juan, TX 78589
      View Details
    • $445,000
      4,480 SF

      Modern Four-Plex Investment Opportunity

      Well-maintained four-unit property built in 2020, move-in ready.
      300 S Ridge Ln, San Juan, TX 78589
      View Details

    FAQs

    What type of property is this?
    Land - Prime Texas land, high traffic location, development potential.
    Where is this land located?
    The property is located at 1923 Veterans Rd San Juan, TX.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: 5.45-acre commercial and residential lot at 1923 N Veterans Road, San Juan, TX 78589.; 197.4 feet of frontage on four-lane N. Veterans Boulevard, offering high visibility and accessibility.; Excellent location with easy access to major transportation routes including I-2, I-69C, and Nolana Loop.
    (956) 688-6700 Call to check price and availability
    Request Owner's contact information
    1923 Veterans Rd San Juan, TX 78589
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1923 Veterans Rd
    San Juan, TX 78589
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1923 Veterans Rd San Juan, TX 78589
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Rogelio Rivera
    Rogelio Rivera
    (956) 688-6700
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!