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    621 Alton Blvd Edinburg, TX 78542

    For Sale
    $295,000

    21,275 SF Lot, $295,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 21,274.704 square foot commercial land parcel presents a remarkable investment opportunity in the thriving city of Edinburg, Texas. Located at 621 Alton Boulevard, this property boasts a highly desirable location at a high-traffic intersection of Conway and the 5-mile line, ensuring excellent visibility and accessibility for any commercial venture. The expansive lot size provides ample space for a variety of development possibilities, catering to diverse business needs. Zoned for commercial use, this property is ready for immediate development, offering significant potential for return on investment. Situated in Hidalgo County, Texas, with a 78542 zip code, this location benefits from the robust economic growth and expanding infrastructure of the region. The property's coordinates are 26.3546817 latitude and -98.1120116 longitude. The asking price for this prime commercial land is $295,000. Don't miss this chance to secure a strategic location for your next commercial project in a rapidly developing area. This property is being offered as-is. All interested parties are responsible for conducting their own due diligence.

    Property Features for 621 Alton Blvd

    General Information

    Property type
    Land
    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 - 21,275 SF Lot, $295,000
    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.
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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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