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    112 Van Week St Edinburg, TX 78541

    For Sale
    $449,999

    High-yield, multi-tenant commercial property in Texas.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional mixed-use property, located at 112 E Van Week Street in Edinburg, Texas, 78541, presents a compelling investment opportunity. Built in 1985, the property encompasses a substantial 7,099.844 square feet of land and features a blend of office, retail, and warehouse space. Currently generating a stable monthly income of $2,250 from four long-term tenants, this property offers significant potential for growth. The income does not include the vacant upstairs studio apartment, presenting an additional revenue stream opportunity. Its strategic location just north of the new courthouse further enhances its appeal. The property's versatility makes it suitable for a variety of uses, including a potential co-working space. The asking price is $449,999, and owner financing is available. Prospective buyers are responsible for verifying all building measurements. This is a motivated seller situation, making this a prime opportunity for investors seeking a strong return on investment in a thriving Texas market. The property is classified as Commercial, Executive Office, and Warehouse.

    Property Features for 112 Van Week St

    General Information

    Property type
    Distribution properties

    Building Details

    Year Built
    1985

    HighLights

    • $449,999 asking price.
    • Mixed‑use property (Land, Office, Retail, Industrial) with Commercial, Executive Office, and Warehouse subtypes.
    • 1985 construction.
    • Located at 112 E Van Week Street, Edinburg, TX 78541.
    • 7,099.84 square feet.
    • Currently generates $2,250/month in income from four long‑term tenants, plus a vacant upstairs apartment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1607861
    Latitude
    26.3069818

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    FAQs

    What type of property is this?
    Distribution property - High-yield, multi-tenant commercial property in Texas.
    Where is this distribution property located?
    The property is located at 112 Van Week St Edinburg, TX.
    What is the asking price?
    The asking price for this property is $449,999.
    What are key features of this property?
    This property features: $449,999 asking price.; Mixed-use property (Land, Office, Retail, Industrial) with Commercial, Executive Office, and Warehouse subtypes.; 1985 construction.
    Request Owner's contact information
    112 Van Week St Edinburg, TX 78541
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    Edinburg, TX 78541
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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
    112 Van Week St Edinburg, TX 78541
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