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    389 Hidalgo Ave Raymondville, TX 78580

    For Sale
    $210,000

    High-traffic, cash-flowing office suites.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This 6,325 square foot office building in Raymondville, Texas, presents a compelling investment opportunity. Built in 1930, the property is situated at 389 Hidalgo Ave., 78580, in Willacy County, offering excellent visibility and high traffic exposure. The building comprises three separately leased suites: Suite 1 (2,250 sq ft), Suite 2 (2,825 sq ft), and Suite 3 (1,250 sq ft). All suites are currently occupied by established, long-term tenants, ensuring a consistent cash flow. An added revenue stream is generated by an Agua Pura water dispenser located in the adjacent parking lot. The asking price for this low-maintenance, income-producing asset is $210,000. This property is ideal for investors seeking a stable and profitable addition to their portfolio. The location in Raymondville, Texas provides a strong foundation for continued success. This is a rare opportunity to acquire a well-established commercial property with multiple income streams. Don't miss out on this chance to secure a valuable investment in a thriving market.

    Property Features for 389 Hidalgo Ave

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1930

    HighLights

    • $210,000 asking price.
    • 6,325 square foot office building.
    • Located in Raymondville, TX at 389 Hidalgo Ave, 78580.
    • Built in 1930.
    • Three suites totaling 6,325 SF, all currently occupied by long‑term tenants.
    • Includes an additional income‑generating Agua Pura water dispenser.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Texan Credit Corporation Loan Agency Harding Foundation Inc Non-Profit Organization

    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
    -97.7790518
    Latitude
    26.4821151

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    FAQs

    What type of property is this?
    Office Property Space - High-traffic, cash-flowing office suites.
    Where is this office property space located?
    The property is located at 389 Hidalgo Ave Raymondville, TX.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: $210,000 asking price.; 6,325 square foot office building.; Located in Raymondville, TX at 389 Hidalgo Ave, 78580.
    Request Owner's contact information
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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
    389 Hidalgo Ave Raymondville, TX 78580
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