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    2902 Us Hwy 281 Hwy Hidalgo, TX 78557

    For Sale
    $650,000

    Spacious warehouse, retail space, Texas.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 23,251.89 square foot commercial property, built in 2004, is ideally situated at 2902 E US Highway 281 in Hidalgo, Texas, 78557. The property boasts a desirable location near the border bridge, offering excellent accessibility and high visibility. The building encompasses a blend of retail and warehouse space, making it suitable for a variety of businesses. Key features include a welcoming lobby area, dedicated office space, two convenient restrooms, and a substantial warehouse area perfect for storage or manufacturing. Currently owner-occupied, this property presents a unique opportunity for immediate use or potential redevelopment. The asking price is $650,000. This property is classified as Land, Retail, and Industrial, offering versatility and potential for diverse business applications. Its strategic location in Hidalgo County, Texas, provides access to a significant market and transportation networks. The property's size and features make it an attractive investment for businesses seeking a well-established presence in a thriving area. Further details are available upon request.

    Property Features for 2902 Us Hwy 281 Hwy

    General Information

    Property type
    Distribution properties

    Building Details

    Year Built
    2004
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Hidalgo
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2397825
    Latitude
    26.0998862

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    FAQs

    What type of property is this?
    Distribution property - Spacious warehouse, retail space, Texas.
    Where is this distribution property located?
    The property is located at 2902 Us Hwy 281 Hwy Hidalgo, TX.
    What is the asking price?
    The asking price for this property is $650,000.
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    2902 Us Hwy 281 Hwy 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
    2902 Us Hwy 281 Hwy Hidalgo, TX 78557
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