1008 Monte Cristo Road

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1008 Monte Cristo Road

Edinburg, TX 78541
Asking Price
$95K
Asset Type
Land
Class
Class B

What's Special

1008 Monte Cristo Road is situated in North Edinburg, an area characterized by a mix of established residential neighborhoods and emerging commercial developments. The property benefits from high visibility along Monte Cristo Road, a major east-west thoroughfare, and is positioned within three miles of the University of Texas Rio Grande Valley and the Edinburg North Industrial Park. The location offers efficient logistics access, seated approximately five miles from the Interstate 69C corridor, connecting the site to the broader Rio Grande Valley trade region and regional transit hubs. The site is suited for diverse development opportunities, including neighborhood-retail centers, professional office complexes, or multi-family residential projects. Its proximity to key infrastructure and growing rooftops makes it an ideal acquisition for commercial developers or owner-users seeking to capture local traffic. Typical tenants for future improvements at this location include service-oriented businesses, medical clinics, or convenience retailers aiming to serve the surrounding residential population and the expanding student demographic in the Edinburg market.

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NOI
$80,000
Cap Rate
84.21%
DSCR
14.18
Strong
Cash-on-Cash
260.91%
Monthly Payment
$470.008
Annual Cash Flow
$74,359.902

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