Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    609 Jackson Rd Edinburg, TX 78541-2851

    • Medical Office Space
    • 5,306 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimations
    $540,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-8773913
    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.

    Current Use by Public Records

    • Medical Office Space

    Property Details for 609 Jackson Rd

    Year built
    2018
    Lot size
    1.00 lot acres
    Property size
    5,306 SF
    Zone code
    CO
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    I4042-00-000-0064-00
    APU
    I404200000006400

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $460,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $623,000
      Market price range: $327k - $623k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $490,000
      Current use
      RETAIL STORES
      $795,000
      Change: +62% Conversion: Difficult
      OFFICE BUILDING
      $785,000
      Change: +61% Conversion: Easy
      RESTAURANT
      $675,000
      Change: +37% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $525,000
      Change: +7% Conversion: Difficult
      WAREHOUSE, STORAGE
      $405,000
      Change: -17% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1857
    Latitude
    26.3113
    CBSA code
    32580
    CBSA name
    MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $26,254
    $393,480
    $614,752
    $1,008,232
    -
    $393,480
    $614,752
    $1,008,232

    Comparable in this City

    • Value Estimation by Request
      2,640 SF

      3002 Closner Blvd

      MEDICAL BUILDING • 2,640 SF
      3002 Closner Blvd, Edinburg, TX 78541-7162
      View Details
    • Value Estimation by Request
      2,307 SF

      3008 Closner Blvd

      MEDICAL BUILDING • 2,307 SF
      3008 Closner Blvd, Edinburg, TX 78541-7162
      View Details
    • Value Estimation by Request
      2,405 SF

      3006 Closner Blvd

      MEDICAL BUILDING • 2,405 SF
      3006 Closner Blvd, Edinburg, TX 78541-7162
      View Details
    • Value Estimation by Request
      2,597 SF

      3004 Closner Blvd

      MEDICAL BUILDING • 2,597 SF
      3004 Closner Blvd, Edinburg, TX 78541-7237
      View Details
    • Value Estimation by Request
      5,270 SF

      502 Closner Blvd

      MEDICAL BUILDING • 5,270 SF
      502 Closner Blvd, Edinburg, TX 78541-3473
      View Details
    • Value Estimation by Request
      3,280 SF

      5321 Rio Grande Care Rd

      MEDICAL BUILDING • 3,280 SF
      5321 Rio Grande Care Rd, Edinburg, TX 78541
      View Details

    Similar Nearby for Sale

    • $449,999

      Edinburg Mixed-Use Investment Opportunity

      High-yield, multi-tenant commercial property in Texas.
      112 Van Week St, Edinburg, TX 78541
      View Details
    • $2,450,000

      Edinburg Industrial Property with Expansion

      Industrial property in Edinburg's North Industrial Park with expansion potential.
      600 Independence Dr, Edinburg, TX 78541
      View Details
    • $2,600,000
      9.17 Acres

      Edinburg Commercial Property with Warehouse

      10-acre commercial property with warehouse, office, apartments, and storage.
      8612 Seminary Rd, Edinburg, TX 78541
      View Details
    • $2,199,000
      10.21 Acres

      Prime Edinburg Commercial Estate

      10.21 Acres, Mixed-Use Potential
      12431 Ware Rd, Linn, TX 78541
      View Details
    • $1,575,000
      5.25 Acres

      Edinburg Warehouse & Office Complex

      5.25-Acre Commercial Property in Texas
      1222 Closner Blvd, Edinburg, TX 78541
      View Details
    • $1,500,000

      Edinburg Office Building & Land

      Prime Downtown Edinburg Office, Land Investment
      200 12Th Ave, Edinburg, TX 78541
      View Details

    Similar Nearby for Lease

    • $4,500 /Mo
      1,228 SF

      Edinburg Commercial Property For Lease

      High-traffic commercial property in Edinburg, TX, available for lease.
      9001 N Us Highway 281, Edinburg, TX 78541
      View Details
    • New
      $600 /Mo
      6,800 SF

      Historic Office Building in Edinburg

      Prime office spaces for lease in Downtown Edinburg.
      200 N 12Th Ave, Edinburg, TX 78541
      View Details
    • Contact for pricing

      Edinburg Storage Yard Land

      Fenced storage yard land available for lease in Edinburg, TX.
      1714 N Closner Blvd, Edinburg, TX 78541
      View Details
    • $15 SF/Yr
      4,900 SF

      Edinburg Retail Center - Plaza Florida

      Prime Edinburg retail space, 4,900 sqft, 9.65 acres.
      12800 Monte Cristo Rd, Edinburg, TX 78541
      View Details
    • $3,000 /Mo
      7,760 SF

      Spacious Warehouse with Residential House

      Warehouse and house on 3.17 acres near McAllen.
      32906 West Fm 681, Edinburg, TX 78541
      View Details
    • $11 SF/Yr
      5,260 SF

      Prime Closner Blvd Restaurant Site

      Established Restaurant Location, High Traffic
      1102 Closner Blvd, Edinburg, TX 78541
      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.
    609 Jackson Rd
    Edinburg, TX 78541-2851
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!