Church Building With
2625 E Harrison Ave., Harlingen, TX 78550
For Sale
Contact for pricing
Mostly open interior includes gathering space, private rooms, and two bathrooms, supporting continued religious or alternative commercial use.
Property Size1,772 SF
Price / SF$140.52
Days on Market102
Property Features for 2625 E Harrison Ave.
General Information
Standard status
Size
Class
Total Parking Spaces
Property subtype
Site & Location
Corner Location
Road Access
Building Details
Year Built
Buildings
Listing Agency:
Marcus Phipps Real Estate LLC
Listed By:
Marcus Phipps · License TX #450735
(956) 793-2355
Source:
Crexi
Added: Jul 31
Changed: Oct 28
Last Checked: Nov 8 at 8:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus Phipps Real Estate LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,772-square-foot church property, constructed in 1969, offers a mostly open interior arranged for assembly and flexible use. The building includes a sanctuary area, a large kitchen connected to an additional gathering room, two private rooms suitable for offices, and two bathrooms, including one with a shower.
The property occupies more than one-quarter acre at the corner of E. Harrison Ave and S. 27th St in Harlingen. Alleys along the side and rear provide additional access around the site. Its existing religious-facility layout and open areas may support continued congregational use or adaptation for other commercial purposes, subject to applicable requirements.
The property occupies more than one-quarter acre at the corner of E. Harrison Ave and S. 27th St in Harlingen. Alleys along the side and rear provide additional access around the site. Its existing religious-facility layout and open areas may support continued congregational use or adaptation for other commercial purposes, subject to applicable requirements.
Key Highlights
- 1,772 SF church building constructed in 1969
- More than 1/4 acre at the corner of E. Harrison Ave and S. 27th St
- Mostly open interior with sanctuary and gathering areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,862
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,240
$337.2K
Cap Rate 7%
$240,886
$240.9K
Cap Rate 9%
$187,356
$187.4K
Market Conditions
NOI Build-Up for 1,772 SF
Gross rent
$25.5K $14.40/SF
− Vacancy
−$1.4K −$0.81/SF
EGI
$24.1K $13.59/SF
− OpEx
−$7.2K −$4.08/SF
NOI
$16.9K $9.52/SF
Area
Cameron County, TX
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,240
Cap Rate 7%
$240,886
Cap Rate 9%
$187,356
Alternative Uses
Best Use
Retail
$240.9K
$210.8K – $281.0K
NOI $16,862 @ 7.0% cap · market cap 6.77%
Second Best
Office B
$232.4K
$203.3K – $271.1K
NOI $16,267 @ 7.0% cap · market cap 6.53%
Theoretical Best
Healthcare Medical
$305.1K
$267.0K – $356.0K
NOI $21,358 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
606
Businesses Nearby
Explore this area
Business Placement
Demographics for 78550, TX
56,038
Population
22,347
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
77%
High-School Grad
94.2 sq mi
ZIP Area
595
Density / Sq Mi
$51,524
Median Household Income
$32,065
Median Earnings
$863
Median Rent
$120,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Church & religious facility - Mostly open interior includes gathering space, private rooms, and two bathrooms, supporting continued religious or alternative commercial use.
Where is this church & religious facility located?
The property is located at 2625 E Harrison Ave. Harlingen, TX.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 1,772 SF church building constructed in 1969; More than 1/4 acre at the corner of E. Harrison Ave and S. 27th St; Mostly open interior with sanctuary and gathering areas
