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    514 L St Harlingen, TX 78550

    Sponsored
    For Sale
    $1,829,400

    Spacious Warehouse, Huge Potential, Owner Financing

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.015-acre industrial property located at 514 N L Street, Harlingen, Texas, 78550, presents a remarkable investment opportunity. Built in 1980, this warehouse boasts a fresh coat of exterior paint and offers significant redevelopment potential. Previously used as cold storage, the property is currently zoned light industrial, allowing for diverse business applications. City approval has been granted for building modifications, opening doors to various possibilities, including conversion into a business plaza with office suites, a mercado, or a vehicle storage facility. The property's versatility extends to potential rezoning for commercial use, further expanding its potential. This prime location in Cameron County offers easy access to major transportation routes and a thriving local market. The asking price is $1,829,400, and owner financing is available. All offers are welcome. Don't miss this chance to acquire a highly adaptable property with substantial upside potential in a dynamic Texas market. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 514 L St

    General Information

    Property type
    Distribution properties
    Lot Size
    87,773 SF

    Building Details

    Year Built
    1980

    HighLights

    • $1,829,400 asking price.
    • 2.015‑acre lot.
    • 1980 construction, industrial/office warehouse.
    • Located at 514 N L Street, Harlingen, TX 78550.
    • Currently zoned light industrial, with potential for commercial rezoning.
    • Owner financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Harlingen
    County
    Cameron
    State
    Texas
    Longitude
    -97.7078648
    Latitude
    26.1967994

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    FAQs

    What type of property is this?
    Distribution property - Spacious Warehouse, Huge Potential, Owner Financing
    Where is this distribution property located?
    The property is located at 514 L St Harlingen, TX.
    What is the asking price?
    The asking price for this property is $1,829,400.
    What are key features of this property?
    This property features: $1,829,400 asking price.; 2.015-acre lot.; 1980 construction, industrial/office warehouse.
    Request Owner's contact information
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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
    514 L St Harlingen, TX 78550
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