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    7513 Expy 83 Palmview, TX 78572

    For Sale
    $480,000

    Prime 18,857 sq ft lot, two buildings

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional commercial property, located at 7513 W Expressway 83 #83 in Palmview, Texas, presents a lucrative investment opportunity. The 18,857.124 square foot lot boasts two separate buildings, each featuring four operational bays. Built in 2008, this property is ideally situated on the frontage road of Expressway 83, ensuring high visibility and easy accessibility for customers. Currently configured as a tire shop and a mechanic shop, the property offers immediate income potential and versatility for a variety of commercial uses. The asking price is $480,000, representing a competitive value in this thriving area of Hidalgo County, Texas, zip code 78572. This prime location offers significant potential for growth and return on investment. The property's existing infrastructure and established businesses provide a solid foundation for future expansion or adaptation to suit a new owner's needs. Don't miss this chance to acquire a well-positioned commercial property in a rapidly developing market.

    Property Features for 7513 Expy 83

    General Information

    Property type
    Land

    Building Details

    Year Built
    2008
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmview
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.4105625
    Latitude
    26.238023

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    FAQs

    What type of property is this?
    Land - Prime 18,857 sq ft lot, two buildings
    Where is this land located?
    The property is located at 7513 Expy 83 Palmview, TX.
    What is the asking price?
    The asking price for this property is $480,000.
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    7513 Expy 83 Palmview, TX 78572
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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
    7513 Expy 83 Palmview, TX 78572
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