Edinburg, Texas

4522 Raul Longoria Road

Edinburg, TX 78542

Map location unavailable

$1,100,000

Beds

N/A

Baths

N/A

Square feet

4,136

Lot

0.42 acres

Year built

2022

Type

Commercial

Status

For Sale

MLS #

510087

About this home

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.

Features