Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1803 Veterans Blvd San Juan, TX 78589
    Back to Search
    Property profile & analytics

    1803 Veterans Blvd, San Juan, TX 78589

    View on Map
    • Commercial real estate
    Off-Market
    Property ID
    US83-0617946
    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

    • Commercial real estate

    Property Details for 1803 Veterans Blvd

    Property type
    Commercial real estate

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 16, 2016 — Vica Texas Ents LP — Deed · related $150k · Box Family LP Ltd

    Description

    This exceptional 27,320.83 square foot commercial land parcel presents a remarkable investment opportunity in the thriving city of San Juan, Texas. Located at 1803 Veterans Boulevard, this property boasts a highly desirable location just minutes from the expressway, ensuring exceptional visibility and accessibility for any commercial venture. The high-traffic area guarantees significant exposure to potential customers, making it ideal for a diverse range of businesses. The land is completely ready for immediate development, eliminating lengthy preparation delays and allowing for a swift start to construction. Its size and location make it perfectly suited for a commercial plaza, restaurant, or numerous other commercial uses. The asking price for this prime commercial land is $289,000. Situated in Hidalgo County, Texas, with a zip code of 78589, this property offers unparalleled potential for growth and return on investment. The coordinates are 26.1789512 latitude and -98.1693133 longitude. Don't miss this chance to secure a piece of San Juan's vibrant commercial landscape. This property is ready for your vision.

    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
    San Juan
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1693133
    Latitude
    26.1789512

    Comparable in this City

    • $520,000
      0.73 Acres

      Prime Corner Lot For Sale

      High-traffic corner lot ideal for commercial development in San Juan.
      San Juan, TX 78589
      View Details
    • $75,000
      0.16 Acres

      Land with Approved Home Plans

      Land in San Juan with permits and blueprints included.
      706 Ebony St, San Juan, TX 78589
      View Details
    • $132,000
      Pending

      Residential Lot in Gated Community

      0.51-acre lot ideal for custom single-family residence.
      Irvin Dr, San Juan, TX 78589
      View Details
    • Contact for pricing
      3,627 SF

      San Juan Commercial Development Opportunity

      Large corner lot with commercial potential in San Juan, Texas.
      4409 N Cesar Chavez Rd, San Juan, TX 78589
      View Details
    • $118,000
      0.22 Acres

      Residential Lot in San Juan

      Spacious lot near expressway, shopping, and schools.
      1100 Matthew Dr, San Juan, TX 78589
      View Details
    • $600,000
      7.09 Acres

      Pharr Land Assemblage For Sale

      7.09 AC land assemblage in Pharr, Texas.
      W Minnesota Rd, Pharr, TX 78589
      View Details

    Similar Nearby for Sale

    • $520,000
      0.73 Acres

      Prime Corner Lot For Sale

      High-traffic corner lot ideal for commercial development in San Juan.
      San Juan, TX 78589
      View Details
    • $75,000
      0.16 Acres

      Land with Approved Home Plans

      Land in San Juan with permits and blueprints included.
      706 Ebony St, San Juan, TX 78589
      View Details
    • $132,000
      Pending

      Residential Lot in Gated Community

      0.51-acre lot ideal for custom single-family residence.
      Irvin Dr, San Juan, TX 78589
      View Details
    • Contact for pricing
      3,627 SF

      San Juan Commercial Development Opportunity

      Large corner lot with commercial potential in San Juan, Texas.
      4409 N Cesar Chavez Rd, San Juan, TX 78589
      View Details
    • $118,000
      0.22 Acres

      Residential Lot in San Juan

      Spacious lot near expressway, shopping, and schools.
      1100 Matthew Dr, San Juan, TX 78589
      View Details
    • $600,000
      7.09 Acres

      Pharr Land Assemblage For Sale

      7.09 AC land assemblage in Pharr, Texas.
      W Minnesota Rd, Pharr, TX 78589
      View Details

    Similar Nearby for Lease

    • $230 SF/Yr
      26 SF

      San Juan Food Truck Park Land

      Prime San Juan location, 4.44 acres, 9 spaces.
      00 Raul Longoria Rd, San Juan, TX 78589
      View Details
    • Contact for pricing

      Land For Lease

      Commercial land available for lease.
      501 Cesar Chavez Rd, San Juan, TX 78589
      View Details
    • Contact for pricing

      Commercial Land for Lease

      Three pads and 6,155 SF of small shop space available.
      900 Expressway 83 E, San Juan, TX 78589
      View Details
    • $230 SF/Yr
      26 SF

      Raul Longoria Road Food Truck Park

      Prime Food Truck Spaces Available
      00 Raul Longoria Rd, San Juan, TX 78589
      View Details
    • $15 SF/Yr
      23,700 SF

      San Juan Retail Space Available

      Neighborhood shopping center undergoing improvements in a thriving South Texas market.
      1618 N Veterans Blvd, San Juan, TX 78589
      View Details
    • $15 SF/Yr
      23,700 SF

      San Juan Retail Space Available

      Retail space for lease in a revitalized San Juan center.
      1618 N Veterans Blvd, San Juan, TX 78589
      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.
    1803 Veterans Blvd
    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
    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
    1803 Veterans Blvd, San Juan, TX, 78589
    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!