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

    Veterans Blvd, TX

    View on Map
    • Office buildings
    • 7,187 SF
    • 0.50 lot acres
    Off-Market
    Property ID
    US82-9166799
    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
    $1,175,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details

    Year built
    2008
    Lot size
    0.50 lot acres
    Property size
    7,187 SF
    Property type
    Office buildings
    APN
    P2850-01-000-0001-00
    APU
    P285001000000100

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $880,000
      Current use
      COMMERCIAL (GENERAL)
      $1,185,000
      Change: +35% Conversion: Easy
      AUTO REPAIR, GARAGE
      $920,000
      Change: +5% Conversion: Difficult
      RESTAURANT
      $920,000
      Change: +4% Conversion: Moderate
      RETAIL STORES
      $885,000
      Change: +1% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Veterans Blvd
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3721
    Latitude
    26.2369
    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
    $8,240
    $92,156
    $212,115
    $304,271
    -
    $92,156
    $212,115
    $304,271

    Comparable in this City

    • Value Estimation by Request
      0.12 Acres

      Vis Way

      OFFICE BUILDING • 0.12 Acres
      Vis Way, Benbrook, TX
      View Details
    • Value Estimation
      $3,720,000
      27,872 SF

      1917 Bicentennial Blvd

      OFFICE BUILDING • 27,872 SF
      1917 Bicentennial Blvd, Mcallen, TX
      View Details
    • Value Estimation
      $1,040,000
      5,896 SF

      Ih 20

      OFFICE BUILDING • 5,896 SF
      Ih 20, Odessa, TX
      View Details
    • Value Estimation
      $760,000
      5,120 SF

      Grandview Ave

      OFFICE BUILDING • 5,120 SF
      Grandview Ave, Odessa, TX
      View Details
    • Value Estimation
      $1,400,000
      315,596 SF

      3300 Olympus Blvd

      OFFICE BUILDING • 315,596 SF
      3300 Olympus Blvd, Dallas, TX
      View Details
    • Value Estimation
      $575,000
      975 SF

      Fay, TX

      OFFICE BUILDING • 975 SF
      1600, Fay, TX
      View Details

    Similar Nearby for Sale

    • $2,950,000
      12,750 SF

      Grand Prairie Office Space Available

      Office building in Grand Prairie, TX, near major highways.
      2210 State 360 Hwy, Grand Prairie, TX
      View Details
    • Contact for pricing

      Remodeled Office Building Investment

      Remodeled office building with 100% occupancy and great frontage.
      20811 Dawn Dr, Lago Vista, TX
      View Details
    • Contact for pricing
      2,960 SF

      Georgetown Office Building For Sale

      2,960 SF office building available in Georgetown, Texas.
      4307 S I-35, Georgetown, TX
      View Details
    • Contact for pricing
      47,434 SF

      Sharyland Professional Center Office Space

      Office space in Sharyland Plantation, excellent visibility and traffic.
      4101 S Shary Rd, McAllen, TX
      View Details
    • Contact for pricing
      9,400 SF

      San Antonio Office Building For Sale

      Office building near Blanco and West Ave, San Antonio, TX.
      1117-1123 Patricia Dr, San Antonio, TX
      View Details
    • Contact for pricing
      9,051 SF

      Medical/Professional Building IH-35E Frontage

      Medical/Professional building with freeway visibility and turnkey finish out.
      2801 N Ih 35E, Carrollton, TX
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,974 SF

      Two-Story Office Building For Lease

      Two-story office building suitable for call center or back office.
      6010 Ardisana Ave, San Antonio, TX
      View Details
    • Contact for pricing
      3,442 SF

      Class A Office Space Available

      Class A office building with modern amenities and flexible spaces.
      14410 Wurzbach Pkwy, San Antonio, TX
      View Details
    • Contact for pricing
      28,281 SF

      Class A Office Space Available

      Multiple Class A office buildings for lease in The Woodlands.
      4 Hughes Landing Blvd, The Woodlands, TX
      View Details
    • Contact for pricing
      2,382 SF

      Travis Heights Office Building For Rent

      Four-story office building near downtown Austin and St. Edwards University.
      3000 S I-35, Austin, TX
      View Details
    • Contact for pricing
      30,839 SF

      Plug & Play Office Building

      Full building available for rent with high visibility.
      6555 N State Hwy 161, Dallas, TX
      View Details
    • Contact for pricing
      3,659 SF

      Flower Mound Office Space Available

      Well-maintained office building with convenient highway access and ample parking.
      601 Silveron Blvd, Flower Mound, TX
      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.
    Veterans Blvd, TX
    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!