Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Raul Longoria St Edinburg, TX 78542

    • Land
    • 31.46 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Raul Longoria St

    Lot size
    31.46 lot acres
    Property type
    Land

    Description

    This exceptional 31.46-acre commercial and residential land parcel is situated in Edinburg, Texas, at 0 Raul Longoria Street, zip code 78542. The property boasts approximately 1,400 feet of frontage on Alberta Road and offers two convenient access points on Raul Longoria Road, ensuring high visibility and easy accessibility. Its strategic location provides significant advantages for commercial development, placing it near popular retail establishments such as Dollar General, Dollar Tree, and El Tigre Convenience Store. Furthermore, its proximity to the Bert Ogden Arena, home of the Rio Grande Valley Vipers, and the newly developed La Palmilla Apartments, a contemporary multifamily residential complex, presents a unique opportunity to cater to a growing residential population. The asking price for this expansive property is $3,932,500. This Hidalgo County land offers immense potential for a variety of commercial ventures due to its high traffic area and convenient access. The property is zoned for both commercial and residential use, offering flexibility for diverse development plans. This prime location in Edinburg, TX presents a rare opportunity for significant return on investment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1418
    Latitude
    26.2699

    Comparable in this City

    • Value Estimation by Request
      17.76 Acres

      21845 Fm 493 Hwy

      Farms • 17.76 Acres
      21845 Fm 493 Hwy, Edinburg, TX 78542
      View Details
    • Value Estimation by Request
      35.01 Acres

      Wisconsin Rd

      Farms • 35.01 Acres
      0 Wisconsin Rd, Edinburg, TX 78542
      View Details
    • Value Estimation by Request
      6.85 Acres

      Tbd Benito A Ramirez Rd

      Land • 6.85 Acres
      0 Tbd Benito A Ramirez Rd, Edinburg, TX 78542
      View Details
    • Value Estimation by Request
      5.00 Acres

      19722 Fallow Ln

      Land • 5.00 Acres
      19722 Fallow Ln, Edinburg, TX 78542
      View Details
    • Value Estimation by Request

      7211 Iowa Rd

      Multifamily properties
      7211 Iowa Rd, Edinburg, TX 78542
      View Details
    • Value Estimation by Request
      6.28 Acres

      00 Ingle Rd

      Land • 6.28 Acres
      00 Ingle Rd, Edinburg, TX 78542
      View Details

    Similar Nearby for Sale

    • $250,000
      8.00 Acres

      8-Acre Edinburg Residential Land

      Prime Texas land, build your dream.
      0000 Skinner Rd, Edinburg, TX 78542
      View Details
    • $199,900
      1.09 Acres

      Edinburg Commercial Land - 1.09 Acres

      Prime 1.09-acre lot, high traffic, development potential.
      0000 Raul Longoria Rd, Edinburg, TX 78542
      View Details
    • $150,000

      High-Visibility Edinburg Commercial Land

      Prime TX location, high traffic, 10,500 sq ft lot.
      11612 Ih 69C, Edinburg, TX 78542
      View Details
    • $689,900
      3.90 Acres

      Highway 281 RV Park & Land

      Prime Edinburg location, high-traffic highway frontage.
      6418 Expwy 281 Hwy, Edinburg, TX 78542
      View Details
    • $3,000,000
      35.01 Acres

      Texas Farmland Investment Opportunity

      35 Acres, Edinburg, TX - $3M
      0 Wisconsin Rd, Edinburg, TX 78542
      View Details
    • $500,000
      17.76 Acres

      Prime Edinburg Land - 17.76 Acres

      Exceptional multi-use land, ideal for development.
      21845 Fm 493 Hwy, Edinburg, TX 78542
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      3,251 SF

      Edinburg Commercial Land for Lease

      Prime Edinburg location, 13,974 sq ft lot.
      8713 State Highway 107, Edinburg, TX 78542
      View Details
    • $2 SF/Yr
      3,251 SF

      Edinburg Commercial Land for Lease

      Prime Edinburg location, 13,974 sq ft lot.
      8713 State Highway 107, Edinburg, TX 78542
      View Details
    • $20 SF/Yr
      1,110 SF

      Prime Commercial Land, South Side

      High-traffic location, excellent visibility, 42,322 sq ft lot.
      4518 Raul Longoria Rd, Edinburg, TX 78542
      View Details
    • $16 SF/Yr
      2,520 SF

      Edinburg Executive Office Space

      Prime Edinburg Office, 2,520 sq ft
      2604 Richardson Rd, Edinburg, TX 78542
      View Details
    • $2 SF/Yr
      3,251 SF

      Edinburg Commercial Land for Lease

      Prime Edinburg location, 13,974 sq ft lot.
      8713 State Highway 107, Edinburg, TX 78542
      View Details
    • $15 SF/Yr
      800 SF

      Edinburg Commercial Land Opportunity

      Prime Edinburg land, single tenant, ample parking.
      8325 State Highway 107, Edinburg, TX 78542
      View Details
    Request Owner's contact information
    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.
    Raul Longoria St
    Edinburg, TX 78542
    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
    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

    Google sign-in failed. Please try again or use another login method.