Prime Edinburg Mixed-Use Development
333 W Freddy Gonzalez Dr, Edinburg, TX 78539
For Sale
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5.81 AC mixed-use site near UTRGV Edinburg campus.
Property SizeContact for details
Lot Size5.81 Acres
Days on Market2258
Property Features for 333 W Freddy Gonzalez Dr
General Information
Standard status
Lot size
Property subtype
Zoning
Listing Agency:
Cadence Commercial Real Estate
Listed By:
Johnny Cisneros · License TX #521860
Source:
Crexi
Added: Sep 7, 2020
Changed: Oct 25
Last Checked: Nov 8 at 4:06AM
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 Cadence Commercial Real Estate
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This 5.81-acre tract represents the largest Mixed-Use (Neighborhood Commercial) zoned site in central Edinburg. Situated just 1.25 miles from the University of Texas-Rio Grande Valley's Edinburg campus, the site is suitable for commercial and high-density residential development. It is located approximately 1 mile from the new Hidalgo County Courthouse. The property is located in FEMA Floodzone X. This tract of land is available for redevelopment for the first time in 100 years. The site lends itself to multifamily configurations or a combination of residential, office, and retail spaces. Given the available land, there is potential to design a compact mixed-use project in the center of Edinburg. The site is also located in a New Markets Tax Credit area per the Tax Cuts & Jobs Act of 2017. The property is located one mile from US 281 and two miles from HEB Park, home of the RGV FC Toros Soccer club, and IDEA Public School's Toros Academy. The property is surrounded by municipal parks, including Ebony Hills Golf Course to the south and Cenizo Park to the north.
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Location Intelligence
Trade Area within ½ mile
577
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Demographics for 78539, TX
37,686
Population
15,759
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
84%
High-School Grad
12.2 sq mi
ZIP Area
3,089
Density / Sq Mi
$64,864
Median Household Income
$38,413
Median Earnings
$1,034
Median Rent
$198,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - 5.81 AC mixed-use site near UTRGV Edinburg campus.
Where is this commercial land located?
The property is located at 333 W Freddy Gonzalez Dr Edinburg, TX.
What is the asking price?
The asking price for this property is $2,024,668.
