Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    107 Edinburg Ave Elsa, TX 78543-3006
    Back to Search
    Property profile & analytics

    107 Edinburg Ave Elsa, TX 78543-3006

    View on Map
    • Car washes
    • 1,064 SF
    • 0.28 lot acres
    Off-Market
    Property ID
    US82-6610065
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Wilfredo A. Aviles, MD / Pediatrician / Medical Clinic
    • Ritter Coin Laundry / (Bike/Boat/Book/etc) Store

    Property Details for 107 Edinburg Ave

    Year built
    2017
    Lot size
    0.28 lot acres
    Property size
    1,064 SF
    Property type
    Car washes
    APN
    D3550-00-000-0005-05
    APU
    D355000000000505

    Description

    Prime 2-acre commercial lot in Elsa, Texas, listed at $395,000. The property boasts a high-traffic location on West Highway 107 and Abel Drive, situated in a rapidly growing commercial area. A Dollar General store is directly adjacent, indicating strong commercial viability. The property's versatility makes it suitable for various ventures, including restaurants, retail establishments, or multi-family apartments. Included is a 1280-square-foot concrete building featuring two garage doors. This building is currently leased to a tire repair shop, but the tenant will vacate within 30 days of closing. The building is sold "as is." The property's convenient access from Highway 107 makes it particularly attractive for businesses requiring easy highway access, such as trucking companies. Built in 1960, this property presents a unique opportunity for business expansion or a new venture in a thriving Texas commercial zone. The property is located in Hidalgo County, Texas, with the address 107 SW Edinburg Avenue W, Elsa, TX 78543. This is a remarkable opportunity to acquire a well-positioned commercial property in a dynamic market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Elsa
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9821
    Latitude
    26.294
    CBSA code
    32580
    CBSA name
    MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $5,011
    $67,200
    $102,564
    $169,764
    -
    $67,200
    $102,564
    $169,764

    Comparable in this City

    • Value Estimation by Request
      1,110 SF

      Elsa, TX 78543

      CAR WASH - SELF-SERVE • 1,110 SF
      Elsa, TX 78543
      View Details
    • Value Estimation by Request
      3,200 SF

      Extrumber To Solis Crockett

      AUTO REPAIR, GARAGE • 3,200 SF
      Extrumber To Solis Crockett, Elsa, TX 78543
      View Details
    • Value Estimation by Request
      1,200 SF

      10413 Monte Cristo Rd

      AUTO REPAIR, GARAGE • 1,200 SF
      10413 Monte Cristo Rd, Elsa, TX 78543
      View Details
    • Value Estimation by Request
      700 SF

      102 Valle Vis Dr

      VEHICLE SALES, RENTALS • 700 SF
      102 Valle Vis Dr, Elsa, TX 78543
      View Details
    • Value Estimation by Request
      6,000 SF

      410 107

      AUTO REPAIR, GARAGE • 6,000 SF
      410 107, Elsa, TX 78543
      View Details
    • Value Estimation by Request
      1,280 SF

      Hwy 107

      AUTO REPAIR, GARAGE • 1,280 SF
      Hwy 107, Elsa, TX 78543
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,336 SF

      Elsa, Texas Retail Investment Opportunity

      Three-unit commercial building in Elsa, Texas, fully leased.
      308-302 N Broadway St St, Elsa, TX 78543
      View Details
    • $975,000
      6,776 SF

      Prime Elsa Retail Building

      6,776 SF Freestanding Retail Space
      412 Edinburg Ave, Elsa, TX 78543
      View Details
    • New
      $325,000
      5,969 SF

      Mixed-Use Retail Building in Elsa

      Versatile investment property with retail and residential income potential.
      705 N Broadway St, Elsa, TX 78543
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Development Opportunities in Elsa

      Pad sites in H-E-B anchored shopping center for lease.
      512 E Edinburg Ave, Elsa, TX 78543
      View Details
    • $950 /Mo
      2,412 SF

      Retail Space on Broadway Street

      Commercial space ideal for small business in Elsa, Texas.
      306 N Broadway St, Elsa, TX 78543
      View Details
    • $2,000 /Mo
      1,585 SF

      Elsa Retail Space For Lease

      Commercial space in Elsa, TX, suitable for various business ventures.
      205 W Edinburg Ave, Elsa, TX 78543
      View Details
    • Contact for pricing

      Retail Building in Elsa, Texas

      6,776 SF retail building in a thriving community.
      412 E Edinburg Ave, Elsa, TX 78543
      View Details
    • Contact for pricing

      Restaurant Opportunity in Elsa, Texas

      Restaurant space with drive-thru, near highway and new H-E-B.
      623 East Edinburg Ave, Elsa, TX 78543
      View Details
    • Contact for pricing

      Land For Rent in Elsa

      Land available for rent at 422 E Edinburg Ave, Elsa, TX.
      422 E Edinburg Ave, Elsa, TX 78543
      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.
    107 Edinburg Ave
    Elsa, TX 78543-3006
    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

    Thank You for Inquiry
    107 Edinburg Ave, Elsa, TX, 78543
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!