4522 S Raul Longoria Road, Edinburg, TX 78542

$1,100,000
4,136
SqFt

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List Price
$1,100,000
Status
ACTIVE
MLS#
510087
Living Area
4,136
Lot Size (Acres)
0.4237
Year Built
2022

Property Description

Investor opportunity at Plaza Longoria, a modern four-unit commercial property built in 2022 and offered at $1,100,000. Two suites are currently occupied at $2,000 and $2,500 per month, while two vacant suites provide immediate lease-up or owner-occupancy potential. Based on projected rents of $2,300 per suite, the property offers approximately $110,400 in annual gross income, a projected NOI of $93,800, and an attractive 8.5% pro forma cap rate. Estimated annual expenses include $8,000 in property taxes, $5,000 in insurance, $2,400 in water/sewer, and $1,200 in maintenance. The property features modern construction, excellent visibility, monument signage, ample parking, and flexible suites suitable for retail, office, medical, or service-oriented businesses. Ideal for an investor seeking income and lease-up upside or an owner-user looking to operate a business while collecting rental income.

Additional Information

Area
Edinburg
Subdivision
Silver Heights
Stories
1
Garage Spaces
20
Heating
Central

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Calculator source: Real Geeks

Listing courtesy of Vela Commercial Real Estate.