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    702 Hi Line Rd Hidalgo, TX 78557

    For Sale
    $1,450,000

    1.75 Acres, High-Growth Potential, Restaurant Included

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.751-acre commercial property at 702 Hi Line Road, Hidalgo, TX 78557, presents a lucrative investment opportunity. Built in 2017, the property boasts a versatile mix of land, office, and retail space, currently operating as a restaurant with additional income streams from small, month-to-month rentals. The strategic location on a hard corner with a four-way stoplight ensures high visibility and accessibility. The property is surrounded by residential areas, providing a substantial customer base. Over 50 parking spaces are available, and the existing structure offers significant expansion potential. Architectural plans are available for adding substantial plaza space to the west of the current building, allowing for further development and increased revenue streams. The asking price is $1,450,000. Restaurant equipment and furniture are available for separate purchase. This property is ideal for an investor seeking a multi-faceted commercial venture with immediate income and substantial growth potential in a thriving Texas community. The property is zoned for commercial use and includes a successful, fully operational restaurant.

    Property Features for 702 Hi Line Rd

    General Information

    Property type
    Restaurants
    Lot Size
    76,274 SF

    Building Details

    Year Built
    2017

    HighLights

    • 1.751‑acre commercial property at 702 Hi Line Road, Hidalgo, TX 78557, built in 2017.
    • High‑visibility corner lot with four‑way stoplight, offering excellent accessibility.
    • Currently operating restaurant with additional income from small rentals, providing immediate cash flow.
    • Over 50 parking spaces and significant expansion potential.
    • Architectural plans available for adding plaza space, increasing revenue opportunities.
    • Asking price: $1,450,000; restaurant equipment and furniture available for separate purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hidalgo
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.22457
    Latitude
    26.105124

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    FAQs

    What type of property is this?
    Restaurant - 1.75 Acres, High-Growth Potential, Restaurant Included
    Where is this restaurant located?
    The property is located at 702 Hi Line Rd Hidalgo, TX.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: 1.751-acre commercial property at 702 Hi Line Road, Hidalgo, TX 78557, built in 2017.; High-visibility corner lot with four-way stoplight, offering excellent accessibility.; Currently operating restaurant with additional income from small rentals, providing immediate cash flow.
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    Hidalgo, TX 78557
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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
    702 Hi Line Rd Hidalgo, TX 78557
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