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    815 N Closner

    Edinburg, TX 78541
    • $2,900,000
    • STATUS: Active
    • ON SITE: 462 days
    • MLS #: 329706
    UPDATED: 52 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 The Lucas Sanchez Real Estate Team. Data last updated: 2021-06-12T13:16:32.62.
    www.thelucassanchezteam.com/homes/103913298
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    815 N Closner Edinburg, TX 78541

    • Price: $2,900,000
    • Status: Active
    • Updated: 52 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 The Lucas Sanchez Real Estate Team. Data last updated: 2021-06-12T13:16:32.62.
     
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    The Lucas Sanchez Real Estate Team
    2575 E Griffin Parkway, Suite 14
    Mission TX, 78572