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    1911 Laurel Ct Donna, TX 78537

    For Sale
    $699,000

    Prime 27,073 SF lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial property in Donna, Texas, presents a unique investment opportunity. Located at the intersection of FM 493 and Laurel Court, the 27,072.976 square foot lot boasts over 500 feet of frontage on FM 493, ensuring high visibility and accessibility. The property includes a variety of existing structures, offering flexibility for redevelopment or continued use. These structures include a drive-through, a single-family home (built in 2007, 2314 square feet), a former gas station canopy, and a swimming pool. Adding to its versatility, a 2544 square foot space above the drive-through is currently utilized as a private event center. The property's 2004 construction date and substantial lot size provide ample room for various commercial ventures. Its strategic location in Hidalgo County, Texas, with a 78537 zip code, offers excellent potential for growth and return on investment. This is a rare chance to acquire a well-positioned commercial property with existing infrastructure and significant development potential. The asking price is $699,000.

    Property Features for 1911 Laurel Ct

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    2004

    HighLights

    • Exceptional investment opportunity in Donna, TX.
    • 27,072.976 sq ft lot with over 500 ft of FM 493 frontage.
    • Existing structures include a drive‑through, 2314 sq ft single‑family home (2007), former gas station canopy, and pool; 2544 sq ft event center above drive‑through.
    • 2004 construction, Hidalgo County, TX (78537 zip code).
    • $699,000 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Las margaritas Tobacco Shop

    Suggested Use

    Restaurant Wholesale Shop Auto Repair Shop Auto Parts Store Skin Care Clinic Food Market Bar & Pub Grocery Store Garden Center Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Donna
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.0373771
    Latitude
    26.223172

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    FAQs

    What type of property is this?
    Retail property - Prime 27,073 SF lot, high visibility.
    Where is this retail property located?
    The property is located at 1911 Laurel Ct Donna, TX.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity in Donna, TX.; 27,072.976 sq ft lot with over 500 ft of FM 493 frontage.; Existing structures include a drive-through, 2314 sq ft single-family home (2007), former gas station canopy, and pool; 2544 sq ft event center above drive-through.
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    1911 Laurel Ct Donna, TX 78537
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    Donna, TX 78537
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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
    1911 Laurel Ct Donna, TX 78537
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