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    621 Alton Blvd Edinburg, TX 78542

    For Sale
    $295,000

    Prime 21,000+ sq ft commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 21,274.70 square foot commercial land parcel is situated at 621 Alton Boulevard, Edinburg, Texas, 78542. Part of the new LA HACIENDA mixed-use development, this property offers a unique investment opportunity in a rapidly growing area. Located at the northwest corner of Conway Avenue and Main Avenue, this lot benefits from high visibility and significant traffic counts of 18,171 vehicles per day on Conway Avenue. The property is ideal for retail development, offering ample space for a variety of businesses to flourish. The surrounding area is experiencing substantial growth, with a planned 188-unit apartment complex under development nearby, further enhancing the potential for increased foot traffic and customer base. This lot is priced at $295,000 and presents a compelling investment opportunity in a dynamic community with a rising population and increasing average household incomes. The property's size and location within the LA HACIENDA development make it an attractive option for businesses seeking a prominent presence in a thriving market. Don't miss this chance to secure a piece of Alton's exciting future. The property is zoned for commercial use.

    Property Features for 621 Alton Blvd

    General Information

    Property type
    Land

    HighLights

    • 21,274.70 SF commercial lot at 621 Alton Boulevard, Edinburg, TX 78542.
    • Part of the LA HACIENDA mixed‑use development.
    • High‑visibility corner lot at Conway & Main Avenues with 18,171 VPD on Conway.
    • Ideal for retail development.
    • $295,000.
    • Commercially zoned.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1120116
    Latitude
    26.3546817

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    FAQs

    What type of property is this?
    Land - Prime 21,000+ sq ft commercial lot.
    Where is this land located?
    The property is located at 621 Alton Blvd Edinburg, TX.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: 21,274.70 SF commercial lot at 621 Alton Boulevard, Edinburg, TX 78542.; Part of the LA HACIENDA mixed-use development.; High-visibility corner lot at Conway & Main Avenues with 18,171 VPD on Conway.
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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
    621 Alton Blvd Edinburg, TX 78542
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