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    1561 77 Sunshine Strip Harlingen, TX 78550

    For Sale
    $400,000

    High-traffic corner lot, endless potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional commercial property, located at 1561 77 Sunshine Strip in Harlingen, Texas, presents a rare investment opportunity. Situated on a sizable 0.5+ acre corner lot, this property boasts an impressive 194 feet of frontage on Sunshine Strip and 193 feet on 1st Street, ensuring high visibility and accessibility. Its strategic location directly across from the Texas Department of Motor Vehicles guarantees consistent traffic flow. Built in 1950, the property is currently operating as a vehicle inspection station under a month-to-month lease expiring January 1, 2025. This provides immediate income potential while allowing for future development or repurposing. The versatility of this property makes it suitable for a wide range of commercial ventures. The asking price is $400,000. With its ideal location, substantial size, and existing income stream, this property represents a compelling investment opportunity in the thriving Harlingen market. The property's zoning and potential uses should be independently verified. The zip code is 78550, and the property is located in Cameron County.

    Property Features for 1561 77 Sunshine Strip

    General Information

    Property type
    Specialty properties

    Building Details

    Year Built
    1950

    HighLights

    • $400,000 asking price.
    • Special purpose property built in 1950.
    • Over 0.5‑acre corner lot in Harlingen, TX, at 77 Sunshine Strip and 1st Street.
    • High visibility location across from the Texas Department of Motor Vehicles.
    • 194 feet of frontage on Sunshine Strip and 193 feet on 1st Street.
    • Currently used as a vehicle inspection station, with diverse redevelopment potential.
    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 Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Harlingen
    County
    CAMERON
    State
    Texas
    Longitude
    -97.6952796
    Latitude
    26.2077983

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    FAQs

    What type of property is this?
    Specialty property - High-traffic corner lot, endless potential.
    Where is this specialty property located?
    The property is located at 1561 77 Sunshine Strip Harlingen, TX.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: $400,000 asking price.; Special purpose property built in 1950.; Over 0.5-acre corner lot in Harlingen, TX, at 77 Sunshine Strip and 1st Street.
    Request Owner's contact information
    1561 77 Sunshine Strip Harlingen, TX 78550
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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
    1561 77 Sunshine Strip Harlingen, TX 78550
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