224 University Dr Edinburg, TX 78539-3548
This exceptional 3,356 square foot freestanding office building presents a unique investment opportunity in the heart of Edinburg, Texas. Located at 224 E. University Dr., this single-story, Class C property boasts a prime location in the Downtown District, just steps from the Hidalgo County Courthouse. Built in 1938, the building sits on a 0.08-acre lot and is currently vacant, offering immediate occupancy for a new owner. The permitted zoning is C, allowing for a variety of uses, including retail, office, or other professional services. With its high visibility at the corner of University Drive and 13th Avenue, this property benefits from significant foot and vehicular traffic, ensuring excellent exposure for any business. The asking price is $375,000, translating to $111.74 per square foot. This represents a compelling opportunity to acquire a well-situated property in a thriving Texas city with strong potential for immediate return on investment. The building's size and location make it ideal for a variety of businesses seeking a prominent presence in the Edinburg area. Don't miss this chance to own a piece of Edinburg's vibrant downtown. The property is zoned for commercial use and offers significant potential for growth and profitability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C3 · Edinburg, TXEdinburg. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.