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815 N Closner

Edinburg, TX 78541
  • $2,900,000
  • STATUS: Active
  • ON SITE: 596 Days
  • MLS #: 329706
UPDATED: 67 min ago
$2,900,000
  • 0
    BEDS
  • 3.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 21,341
    SQFT
  • $136
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1977
County:
Area:

School Ratings & Info

Description

The retail plaza at the northwest corner of N Closner Blvd and W Schunior St is on the market. This center is on 3.84 acres and has 21,341 ft. of rentable space. There are four existing tenants including Fast Eddie's, an Adult Daycare, a laundromat and a freestanding Subway restaurant. The leases for these tenants expire in 2021 and 2024. Combined these uses are generating an effective gross income of $247,000 per year. Net operating income after deduction of taxes, insurance, management fees, utilities and CAM, is $176,525. The center is nine blocks North of the new Hidalgo County courthouse which is under construction, and 1/2 mile from the UTRGV campus. There are over 55,000 people and 17,000 households within a 3-mile radius of the site. TAX GEO ID:V2900-00-001-0001-00 & E3200-00-00B-0005-01

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© 2021 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Jinks Realty. Data last updated: 2021-10-24T20:16:34.617.
www.jinksrealty.com/homes/103913298
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815 N Closner Edinburg, TX 78541

  • Price: $2,900,000
  • Status: Active
  • Updated: 67 min ago
  • MLS #: 329706
0
Beds
0
Baths
0
½ Baths
3.84
Acres
21,341
SQFT
$136
$/SQFT
1977
Built
Neighborhood:
Vector
County:
Hidalgo
Area:
Edinburg
Property Description
The retail plaza at the northwest corner of N Closner Blvd and W Schunior St is on the market. This center is on 3.84 acres and has 21,341 ft. of rentable space. There are four existing tenants including Fast Eddie's, an Adult Daycare, a laundromat and a freestanding Subway restaurant. The leases for these tenants expire in 2021 and 2024. Combined these uses are generating an effective gross income of $247,000 per year. Net operating income after deduction of taxes, insurance, management fees, utilities and CAM, is $176,525. The center is nine blocks North of the new Hidalgo County courthouse which is under construction, and 1/2 mile from the UTRGV campus. There are over 55,000 people and 17,000 households within a 3-mile radius of the site. TAX GEO ID:V2900-00-001-0001-00 & E3200-00-00B-0005-01
Exterior Features

Carport Spaces 0 Carport YN No Construction Materials ConcreteStucco Covered Spaces 0 Garage YN No Grounds OtherSidewalks Parking Features Paved Parking Total 0 Road Frontage Type City Street Road Surface Type Paved Road Roof Other

Interior Features

Appliances Electric Water HeaterWater Heater (Programmable Thermostat) Cooling Central AirElectric Cooling YN Yes Flooring Concrete

Property Features

Accessibility Features Ada Accessible Association YN No Building Features Restrooms-PrivateRestrooms-Public Current Use Business ServiceDaycareProfessional ServiceRestaurantRetail Green Energy Efficient Thermostat Presently Leased YN Yes Property Sub Type Commercial Tax Annual Amount 29009 Tax Year 2019 Zoning C

Listing by Laura Paz of Nai Rio Grande Valley.
© 2021 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Jinks Realty. Data last updated: 2021-10-24T20:16:34.617.
 
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