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    402 Coma Ave Hidalgo, TX 78557

    For Sale
    $1,100,000

    Prime location, high traffic, redevelopment potential.

    Property size:
    9,695 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial property, located at 402 E Coma Avenue in Hidalgo, Texas, presents a compelling investment opportunity. The 22,651.2 square foot lot features a 9,695 square foot building constructed in 1983. Currently configured as five versatile units, the property includes a former gas station, ripe for redevelopment and modernization. Its strategic location less than a mile from the U.S.-Mexico border ensures high visibility and accessibility to a substantial customer base, encompassing both local residents and cross-border traffic. This high-traffic area offers excellent potential for a variety of commercial uses, including retail, service-oriented businesses, or office spaces. The property's existing infrastructure provides a solid foundation for immediate occupancy or extensive redevelopment, catering to the needs of investors and entrepreneurs seeking to capitalize on the robust growth of this border region. The asking price is $1,100,000. This presents a unique chance to establish a thriving business in a dynamic and rapidly expanding market. Don't miss this opportunity to secure a prime commercial asset in a high-growth area with significant redevelopment potential. The property is zoned for commercial use and is situated in Hidalgo County, Texas, zip code 78557.

    Property Features for 402 Coma Ave

    General Information

    Property type
    Retail properties
    Square Feet
    9,695 SF

    Building Details

    Year Built
    1983

    HighLights

    • 22,651.2 SF lot with a 9,695 SF building.
    • Built in 1983, currently configured as five units, including a former gas station.
    • High‑visibility location less than one mile from the US‑Mexico border in Hidalgo, Texas.
    • Excellent potential for retail, service, or office uses; zoned commercial.
    • Asking price: $1,100,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hidalgo All Stars ... Screen Printer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Hair Salon Auto Repair Shop Wholesale Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hidalgo
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2567679
    Latitude
    26.106893

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    FAQs

    What type of property is this?
    Retail property - Prime location, high traffic, redevelopment potential.
    Where is this retail property located?
    The property is located at 402 Coma Ave Hidalgo, TX.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 22,651.2 SF lot with a 9,695 SF building.; Built in 1983, currently configured as five units, including a former gas station.; High-visibility location less than one mile from the US-Mexico border in Hidalgo, Texas.
    Request Owner's contact information
    402 Coma Ave Hidalgo, TX 78557
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    Hidalgo, TX 78557
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    402 Coma Ave Hidalgo, TX 78557
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