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    320 Hidalgo Ave Raymondville, TX 78580

    For Sale
    $105,000

    7,000 SF Retail Building, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 7,000 square foot retail property, located at 320 Hidalgo Ave. in Raymondville, Texas, presents a compelling investment opportunity. Built in 1935, the building currently houses a long-term retail tenant, ensuring a steady stream of rental income for the new owner. The asking price is $105,000. Situated in the vibrant downtown Raymondville retail district, this property offers significant potential for future growth and profitability. The substantial size of the building allows for a variety of uses, and its layout presents the possibility of subdivision, creating multiple leasing opportunities to cater to a diverse range of businesses. This prime location in Willacy County, Texas, zip code 78580 (latitude 26.4816594, longitude -97.7799697), offers excellent visibility and accessibility for potential tenants. The property's existing tenant provides immediate cash flow, while the potential for subdivision and increased leasing opportunities promises significant long-term returns. This is a rare chance to acquire a well-established retail property in a thriving Texas market. Don't miss this chance to secure a profitable investment in a dynamic downtown location.

    Property Features for 320 Hidalgo Ave

    General Information

    Property type
    Specialty properties

    Building Details

    Year Built
    1935

    HighLights

    • $105,000 asking price.
    • Special purpose property.
    • Located at 320 Hidalgo Ave, Raymondville, TX 78580.
    • Built in 1935.
    • 7,000+ square feet suitable for retail.
    • Currently leased to a long‑term tenant generating rental income.
    Property Profile Location Intelligence

    Current Use by Public Records

    La Mexicana Gift Shop

    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
    Raymondville
    County
    WILLACY
    State
    Texas
    Longitude
    -97.7799697
    Latitude
    26.4816594

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    FAQs

    What type of property is this?
    Specialty property - 7,000 SF Retail Building, High Potential
    Where is this specialty property located?
    The property is located at 320 Hidalgo Ave Raymondville, TX.
    What is the asking price?
    The asking price for this property is $105,000.
    What are key features of this property?
    This property features: $105,000 asking price.; Special purpose property.; Located at 320 Hidalgo Ave, Raymondville, TX 78580.
    Request Owner's contact information
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    Raymondville, TX 78580
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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
    320 Hidalgo Ave Raymondville, TX 78580
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