
Listed by Vela Commercial Real Estate
$1,100,000
4522 S Raul Longoria Road
Details
APN S355600000004700
Property Type Office, Retail
Sub Type Traditional Office, Executive Office
Square Footage 4,136
Year Built 2022
Acreage 0.424
Parking Spaces 20 spaces
Parking per 1,000 SqFt 4.84
Office | 4,136 SqFt
Marketing description
Investor opportunity at Plaza Longoria, a modern four-unit commercial property built in 2022 and offered at $1,100,000. Two suites are currently occupied at $2,000 and $2,500 per month, while two vacant suites provide immediate lease-up or owner-occupancy potential. Based on projected rents of $2,300 per suite, the property offers approximately $110,400 in annual gross income, a projected NOI of $93,800, and an attractive 8.5% pro forma cap rate. Estimated annual expenses include $8,000 in property taxes, $5,000 in insurance, $2,400 in water/sewer, and $1,200 in maintenance. The property features modern construction, excellent visibility, monument signage, ample parking, and flexible suites suitable for retail, office, medical, or service-oriented businesses. Ideal for an investor seeking income and lease-up upside or an owner-user looking to operate a business while collecting rental income.
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Listed by Vela Commercial Real Estate
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