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    611 Edinburg Ave Elsa, TX 78543

    For Sale
    $950,000

    7,848 SF Vacant Retail Building, $950K

    Property size:
    7,848 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 7,848-square-foot freestanding retail building, located at 611 E Edinburg Ave in Elsa, Texas, presents a compelling investment opportunity. Built in 2001, the property sits on a 0.81-acre lot and boasts ample parking with over 25 spaces. Its strategic location on a major arterial roadway in Elsa, just minutes from I-69C, ensures high visibility and accessibility. The property benefits from significant daily traffic exceeding 16,000 vehicles on Edinburg Avenue, making it highly attractive for a variety of retail uses. Currently vacant, this triple-net (NNN) leased property offers a blank canvas for a new tenant or an ideal platform for an investor seeking a strong return. The asking price is $950,000, translating to $121.05 per square foot. The building's high-quality construction and prime location combine to create a rare opportunity in the thriving Elsa market. This freestanding structure offers excellent visibility and convenient access for customers, making it an ideal location for a variety of retail businesses. The property's size and ample parking further enhance its appeal to potential tenants or investors. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area of Texas. The zip code is 78543, and the property is situated in Hidalgo County.

    Property Features for 611 Edinburg Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,848 SF
    Lot Size
    35,284 SF

    Building Details

    Year Built
    2001

    HighLights

    • 7,848 SF freestanding retail building on a 0.81‑acre lot in Elsa, TX.
    • High‑traffic location on Edinburg Ave, exceeding 16,000 vehicles daily, minutes from I‑69C.
    • Ample parking (25+ spaces) and excellent visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Storage Facility Cafe & Coffee Shop Car Rental Computer & Electronic Repair Pawn Shop Tech Support Center Cosmetics Store Home Appliance Store Wholesale Shop Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Elsa
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9836137
    Latitude
    26.2939171

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    FAQs

    What type of property is this?
    Individual retail property - 7,848 SF Vacant Retail Building, $950K
    Where is this individual retail property located?
    The property is located at 611 Edinburg Ave Elsa, TX.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: 7,848 SF freestanding retail building on a 0.81-acre lot in Elsa, TX.; High-traffic location on Edinburg Ave, exceeding 16,000 vehicles daily, minutes from I-69C.; Ample parking (25+ spaces) and excellent visibility.
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    611 Edinburg Ave Elsa, TX 78543
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    Elsa, TX 78543
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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
    611 Edinburg Ave Elsa, TX 78543
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