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    180 Robertson St San Benito, TX 78586

    For Sale
    $45,000

    Investment Opportunity: Rehab or Demolish

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This unique commercial property, located at 180 Robertson St., San Benito, TX 78586, presents a compelling investment opportunity. Built in 1945, the structure is currently a special purpose property requiring extensive repairs or demolition due to a prior fire that resulted in a complete roof loss. The asking price is $45,000, and the owner is open to negotiations. A compelling aspect of this offering is the owner financing option available, with a $30,000 down payment and a 10% APR. Situated in Cameron County, this lot boasts a prime location with significant potential for future commercial development. The property's address is precisely 26.131437 latitude and -97.6334414 longitude. Given its current condition, this property is ideal for buyers seeking a redevelopment project or a land acquisition in a high-growth area. The significant upside potential, coupled with the flexible financing terms, makes this a rare opportunity in the San Benito commercial real estate market. Buyers should be prepared for substantial renovation or demolition costs. The property is sold as-is.

    Property Features for 180 Robertson St

    General Information

    Property type
    Specialty properties

    Building Details

    Year Built
    1945

    HighLights

    • Prime San Benito, TX location at 180 Robertson St.
    • $45,000 asking price, owner financing available with $30,000 down and 10% APR.
    • 1945‑built special purpose property requiring extensive repairs or demolition due to fire damage (roof loss).
    • Sold as‑is; significant redevelopment potential in high‑growth area.
    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 Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    San Benito
    County
    CAMERON
    State
    Texas
    Longitude
    -97.6334414
    Latitude
    26.131437

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    FAQs

    What type of property is this?
    Specialty property - Investment Opportunity: Rehab or Demolish
    Where is this specialty property located?
    The property is located at 180 Robertson St San Benito, TX.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: Prime San Benito, TX location at 180 Robertson St.; $45,000 asking price, owner financing available with $30,000 down and 10% APR.; 1945-built special purpose property requiring extensive repairs or demolition due to fire damage (roof loss).
    Request Owner's contact information
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    San Benito, TX 78586
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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
    180 Robertson St San Benito, TX 78586
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