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    202 Schunior St Edinburg, TX 78541

    For Sale
    $320,000

    Prime Edinburg location, 2,478 sq ft, $320,000

    Property size:
    2,478 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial property at 202 W Schunior Street in Edinburg, Texas, presents a unique investment opportunity. The 2,478 square foot building, constructed in 1952, sits on a generous 14,200.996 square foot lot. Previously utilized as a charming tea room, this versatile space offers significant potential for a variety of commercial uses. Its adaptable layout allows for the creation of multiple offices or rooms, making it ideal for professional services, event planning, or a community center. The property's history adds character and charm, while its prime location offers significant advantages. Situated near the University of Texas Rio Grande Valley (UTRGV) and just a short distance from the courthouse and polling center, this property benefits from high visibility and convenient access to major thoroughfares, including the expressway. The asking price is $320,000. This is a rare chance to acquire a well-located, adaptable commercial property with a rich history in a thriving Texas community. The property's size and location make it an attractive option for businesses seeking a prominent presence in Edinburg. The zip code is 78541. This property is located in Hidalgo County.

    Property Features for 202 Schunior St

    General Information

    Property type
    Restaurants
    Square Feet
    2,478 SF

    Building Details

    Year Built
    1952

    HighLights

    • $320,000 asking price.
    • 2,478 square foot building on a 14,200 square foot lot.
    • Located at 202 W Schunior Street, Edinburg, TX 78541.
    • Built in 1952.
    • Commercial restaurant property suitable for various uses, including office space or event venue.
    • Convenient location near UTRGV and the courthouse.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -98.1626903
    Latitude
    26.3082736

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    FAQs

    What type of property is this?
    Restaurant - Prime Edinburg location, 2,478 sq ft, $320,000
    Where is this restaurant located?
    The property is located at 202 Schunior St Edinburg, TX.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: $320,000 asking price.; 2,478 square foot building on a 14,200 square foot lot.; Located at 202 W Schunior Street, Edinburg, TX 78541.
    Request Owner's contact information
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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
    202 Schunior St Edinburg, TX 78541
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