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    690 Mccullough St San Benito, TX 78586

    For Sale
    $700,000

    High-traffic location, investment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial property, located at 690 McCullough St, San Benito, Texas 78586, presents a compelling investment opportunity. Built in 1989, this special purpose building is priced at $700,000 and offers unparalleled access and visibility due to its prime location just off the freeway, ensuring high traffic counts. The property's strategic positioning makes it ideal for a variety of businesses, providing tremendous potential for investors seeking to establish a new venture or expand their existing portfolio. The building's versatility allows for diverse uses, catering to a wide range of commercial enterprises. The seller is motivated and is open to offers with a $200,000 down payment and a 10% interest rate. This presents a unique chance to acquire a strategically positioned asset in a thriving Texas market. The property is situated in Cameron County and boasts excellent visibility, making it an attractive option for businesses seeking maximum exposure. This is a rare opportunity to secure a well-located commercial building with significant upside potential. Don't miss out on this exceptional investment opportunity.

    Property Features for 690 Mccullough St

    General Information

    Property type
    Specialty properties

    Building Details

    Year Built
    1989

    HighLights

    • Exceptional commercial property at 690 McCullough St, San Benito, TX 78586, priced at $700,000.
    • Built in 1989, this special‑purpose building offers high visibility and traffic counts due to its freeway proximity.
    • Ideal for various businesses, offering strong investment potential for new ventures or portfolio expansion.
    • Seller motivated, accepting offers with a $200,000 down payment and 10% interest rate.
    • Located in Cameron County, offering excellent visibility and significant upside potential.
    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
    -97.6299959
    Latitude
    26.1226539

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    FAQs

    What type of property is this?
    Specialty property - High-traffic location, investment opportunity.
    Where is this specialty property located?
    The property is located at 690 Mccullough St San Benito, TX.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: Exceptional commercial property at 690 McCullough St, San Benito, TX 78586, priced at $700,000.; Built in 1989, this special-purpose building offers high visibility and traffic counts due to its freeway proximity.; Ideal for various businesses, offering strong investment potential for new ventures or portfolio expansion.
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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
    690 Mccullough St San Benito, TX 78586
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