Log In/Sign Up
Your email has been sent.
Iowa Road Office Building 1720 Iowa Road 49,591 SF Office Building Edinburg, TX 78542 $3,700,000 ($74.61/SF) 13.30% Cap Rate
Investment Highlights
- Immediate Proximity to Expressway 281
- Large Versatile Property With Multiple Buildings, Acreage, and Industrial/Commercial Use
- Existing Tenant In Place (Maximus Inc.)
- Multiple Access Points
Executive Summary
This excellent and well maintained office / industrial building is located just off Highway 281 (I-69C) in Edinburg, Texas and has been the location for Maximus Inc. for 14 year. Built out as a Class A Office building, this property is an excellent opportunity for investors or end users to purchase an institutional grade office at much less than replacement value.
With a strong location just minutes from Expressway 281, proximity to multiple commercial, industrial, and institutional uses, and an excellent price point, this mixed use building is a great choice for the investor or end-user.
With a strong location just minutes from Expressway 281, proximity to multiple commercial, industrial, and institutional uses, and an excellent price point, this mixed use building is a great choice for the investor or end-user.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
49,591 SF
Building Class
B
Year Built/Renovated
1981/2011
Price
$3,700,000
Price Per SF
$74.61
Cap Rate
13.30%
NOI
$492,217
Tenancy
Single
Building Height
1 Story
Typical Floor Size
49,591 SF
Building FAR
0.46
Lot Size
2.50 AC
Zoning
General Industrial
Parking
34 Spaces (0.69 Spaces per 1,000 SF Leased)
1 1
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Company Not Provided
Iowa Road Office Building | 1720 Iowa Road
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.