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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

1724 University Dr Edinburg, TX 78539-2848

136 SF 0.36 ac lot Built 2005
Entity Owned 16-yr Hold Free & Clear
Property ID
US82-1699035
Property summary
AI-generated overview

This exceptional 7,099.84 square foot commercial land parcel presents a remarkable investment opportunity in the thriving city of Edinburg, Texas. Located at 1724 E University Drive, this 2023-built property enjoys a highly visible position near the intersection of Highway 281 and State Highway 107 (E University Dr), ensuring significant exposure to a large volume of daily traffic. The strategic location places the property in close proximity to established national retailers such as McDonald's, Whataburger, and Walgreens, as well as the University of Texas Rio Grande Valley (UTRGV), guaranteeing a consistent flow of potential customers and employees. The property's zoning allows for a variety of commercial uses, making it suitable for a wide range of businesses. The asking price is $535,000. This represents a unique chance to acquire a well-situated, newly constructed commercial land parcel in a rapidly growing area with high potential for return on investment. The property's prime location and proximity to major thoroughfares and established businesses make it an ideal choice for investors seeking a strong foothold in the vibrant Edinburg commercial market. The lot size provides ample space for development, offering flexibility in design and functionality to suit diverse commercial needs.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2005
Total area 136 SF
Lot 0.36 ac (15,612 SF)
APN W0259-00-000-001A-00
UPID US82-1699035
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
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
MURPHY OIL USA INC
MURPHY OIL USA INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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