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Property profile & analytics
FOR SALE
Office buildings
1328 N Closner Blvd Edinburg, TX 78541
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US82-1057160
For Sale
1 / 2
$799,900
1328 N Closner Blvd, Edinburg, TX 78541
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Total area
1,702 SF
Lot
0.91 ac (39,653 SF)
APN
H3150-00-000-0001-00
UPID
US82-1057160
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Julian Hernandez · 3 yrs held
Julian Hernandez
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Edinburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edinburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$11,296
Tax year 2022
Assessed value
$433,804
Assessed 2023
Previous assessed
$433,804
+0.0% YoY
Effective rate
2.60%
On assessed value
Assessed land
$206,203
Assessed improvement
$227,601
Land market value
$206,203
Improvement market value
$227,601
Total market value
$433,804
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1982
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
2
Total area
1,702 SF
Lot
0.91 ac (39,653 SF)
APN
H3150-00-000-0001-00
UPID
US82-1057160
Jurisdiction
HIDALGO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1982
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
0.91 ac
Current owner
From public records · entity-resolved
Julian Hernandez
Individual
Mailing address
1328 N CLOSNER BLVD, EDINBURG, TX 78541-2560
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2023
—
Julian Hernandez
Dale K Welsh
Venders Lien
$200,000 · Estate Of Glenn Sohl
May 10, 2022
—
Renee Babcock
—
Deed
related
$204,000 · Directions Equity LLC
Feb 27, 2019
—
Ruben Contreras
Realtyme LLC
Warranty Deed
$886,060 · Other Institutional Lenders
Feb 8, 2019
—
Glenn Sohl
Realtyme LLC
Trustees Deed
$1,340,000 · Realtyme LLC
Nov 19, 2014
$52,000
Realtyme LLC
Board President
Tax Deed
related
—
Jul 11, 2013
—
Edinburg Consolidated Independ
Deputy Constable Of Hidalgo Cnty
Tax Deed
related
—
—
—
Marilyn J Deleon
—
Deed Of Trust
related
$159,673 · Rio Tax Loans
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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