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    200 12Th Ave Edinburg, TX 78541

    For Sale
    $1,500,000

    Prime Downtown Edinburg Office, Land Investment

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional investment opportunity presents a 7,099.84 sq ft commercial property located at 200 N 12th Avenue, Edinburg, TX 78541. Built in 1983, this historical landmark building sits on a corner lot in the heart of Edinburg's downtown area, directly across from the new Hidalgo County Courthouse. The property features five large office suites, or the potential for twenty smaller offices, offering diverse income potential through varied leasing options. Mature trees and private parking enhance the property's appeal. The building includes an elevator and offers exquisite views of the downtown business square from upper-level offices. Its prime location is further enhanced by its proximity to a planned three-story parking garage designed to accommodate the anticipated growth and revitalization of the downtown area. This unique property offers a blend of historical charm and modern convenience, making it an ideal investment for long-term equity growth and strong rental income. The asking price is $1,500,000.

    Property Features for 200 12Th Ave

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1983

    HighLights

    • Asking price: $1,500,000
    • Property type: Land and Office, Commercial; 7,099.84 sq ft lot
    • Year built: 1983
    • Location: 200 N 12th Avenue, Edinburg, TX 78541; Across from Hidalgo County Courthouse
    • Features: Five large office suites or twenty smaller offices, elevator, mature trees, private parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm 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
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1608754
    Latitude
    26.3024784

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    FAQs

    What type of property is this?
    Office Property Space - Prime Downtown Edinburg Office, Land Investment
    Where is this office property space located?
    The property is located at 200 12Th Ave Edinburg, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Asking price: $1,500,000; Property type: Land and Office, Commercial; 7,099.84 sq ft lot; Year built: 1983
    Request Owner's contact information
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    Edinburg, TX 78541
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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
    200 12Th Ave Edinburg, TX 78541
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