1900 University DrEdinburg, TX 78539

Property Details for 1900 University Dr

Year built

1986

Lot size

1.27 AC

Property size (Sq ft)

15,724 SF

Zone code

CO

Property type

Strip malls

Property subtype

Neighborhood centers

APN

U2000-00-000-0006-00

APU

U200000000000600

Description

This 1.268-acre property at 1900 W University Dr, Edinburg, TX 78539, offers a unique investment opportunity. The site includes a 2nd-generation restaurant space within the multi-tenant West University Center, a thriving retail hub in a high-demand area of Edinburg. The property is classified as Land, Retail, Office, and Restaurant, suitable for various commercial uses. The building features a single suite and ample parking with 79 spaces available. Currently, the property boasts a low vacancy rate, reflecting the strong demand for retail space on University Drive. This presents a significant value-add opportunity for investors, with existing rents below market rates. Given the high cost of new construction and land acquisition, this property offers a compelling entry point into this dynamic retail market. The property's APN is U200000000000600. The location benefits from its proximity to the University, contributing to high foot traffic and consumer activity. This is an exceptional chance to acquire a well-situated commercial property in a rapidly growing Texas market.

• CAP approach

  CAP return

  Valuation

  6%

  $3,176,374

  6.5%

  $2,932,037

  7%

  $2,722,606

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,416,870

  Geo Method

  $9,005,456

• Alternative Use

  Use

  Valuation

  Residential

  $2,473,283

  Hospitality

  $2,265,514

  Educational

  $1,884,881

  Medical

  $1,949,705

  Retail

  $2,932,037

Location Insight

City

Edinburg

County

Hidalgo

State

Texas

Latitude

26.3039

Longitude

-98.1828

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].