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    314 Hidalgo Ave Raymondville, TX 78580

    For Sale
    $190,000

    High-traffic, two-story office investment

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional commercial property, located at 314 Hidalgo Ave. in Raymondville, Texas, 78580, presents a compelling investment opportunity. Built in 1935, this two-story building boasts a prominent downtown location with excellent visibility and high traffic counts, promising above-average returns. The first floor encompasses 12,300 square feet of multi-tenant occupied space, currently divided into three suites: Suite 1 (7,000 sq ft), Suite 2 (4,000 sq ft), and Suite 3 (1,300 sq ft). Each suite features attractive glazed tile and large windows, ideal for retail tenants. A spacious parking lot provides convenient parking for 12 vehicles. The second floor offers an additional 5,300 square feet of undivided space, suitable for office use or storage. The asking price for this well-situated, income-producing property is $190,000. This is a rare chance to acquire a substantial commercial building in a thriving Texas city. The property's prime location and versatile space make it an attractive investment for both seasoned and new investors. Don't miss this chance to secure a piece of Raymondville's commercial landscape.

    Property Features for 314 Hidalgo Ave

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1935

    HighLights

    • Asking price: $190,000
    • 1935‑built, two‑story office building in downtown Raymondville, TX
    • High‑traffic location with excellent visibility
    • 12,300 SF of multi‑tenant occupied space on the first floor, divided into three suites (7,000 SF, 4,000 SF, and 1,300 SF)
    • 5,300 SF of undivided second‑floor space, ideal for storage or office use
    • 12‑space parking lot.
    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 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
    -97.7800496
    Latitude
    26.4816589

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    FAQs

    What type of property is this?
    Office Property Space - High-traffic, two-story office investment
    Where is this office property space located?
    The property is located at 314 Hidalgo Ave Raymondville, TX.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: Asking price: $190,000; 1935-built, two-story office building in downtown Raymondville, TX; High-traffic location with excellent visibility
    Request Owner's contact information
    314 Hidalgo Ave Raymondville, TX 78580
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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
    314 Hidalgo Ave Raymondville, TX 78580
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