Property profile

2401 Cornerstone Blvd Edinburg, TX 78539

FOR SALE
Medical Office Space
Property ID
US82-1639432
4,644 SF 0.11 ac lot Built 2007
Individually Owned 16-yr Hold ~ Est. High Equity
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2401 Cornerstone Blvd, Edinburg, TX 78539 For Sale
$795,000 4,644 SF
2401 Cornerstone Blvd, Edinburg, TX 78539
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Property summary

AI-generated overview

This exceptional 4,799.876 square foot commercial land parcel is located at 2401 Cornerstone Boulevard in Edinburg, Texas, 78539. Zoned CO, this single-tenant property offers significant potential for development. The lot features ample parking with 20 spaces available. The property's APN is C823002006000500. This location provides convenient access to various amenities and major transportation routes, making it an attractive investment opportunity. The property is ideal for a range of commercial uses, given its size and convenient location within Edinburg. The single-tenant designation offers flexibility for development and management. This is a rare opportunity to acquire a well-situated commercial lot in a thriving Texas market. Its strategic location and ample parking make it a highly desirable property for businesses seeking a prominent presence in Edinburg. The property's zoning designation allows for a variety of commercial uses, providing investors with considerable flexibility. Don't miss this chance to secure this prime commercial land parcel.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2007
Total area 4,644 SF
Lot 0.11 ac (4,800 SF)
Zoning code CO
APN C8230-02-006-0005-00
UPID US82-1639432

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2401 Cornerstone Blvd Edinburg, TX 78539
Edinburg metro Census 23906 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2009
7 recorded transactions
2017
Price N/A
2017
Price N/A
2016
Price N/A
2016
Price N/A
2009
Price N/A
2009
Price N/A
2007
Price N/A

Zoning & alternative use

CO · Edinburg, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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