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    406 Commerce St Harlingen, TX 78550

    For Sale
    Contact for pricing

    Former Bank, 43,647 SF, High Traffic

    Property size:
    43,647 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail property, formerly a bank, offers 43,647 square feet on a one-acre lot. Strategically located at the southeast corner of Tyler Avenue and South Commerce Street in Harlingen, Texas, 78550, this high-visibility site benefits from significant traffic flow due to its placement at a traffic light intersection. The property's previous use as a bank presents a unique opportunity for a variety of businesses. Its substantial size and prominent location make it ideal for a financial institution seeking a new branch, or for redevelopment into another commercial enterprise. The address is 406 S Commerce St, Harlingen, Cameron County, Texas. The property's ample square footage and convenient location in a bustling area of Harlingen offer significant potential for growth and success. The existing infrastructure, previously utilized for banking operations, could be adapted to suit a range of commercial needs. This is a rare opportunity to acquire a substantial retail space in a prime Harlingen location with high visibility and excellent access. The property's size and location make it an attractive investment for businesses seeking a strong presence in this thriving Texas market. The one-acre lot provides ample space for expansion or additional development.

    Property Features for 406 Commerce St

    General Information

    Property type
    Individual retail properties
    Square Feet
    43,647 SF
    Lot Size
    43,560 SF

    HighLights

    • ± 43,647 SF on a 1‑acre lot.
    • High‑visibility corner lot at Tyler Ave & S. Commerce St, Harlingen, TX 78550, at a signalized intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    PNC Bank Bank

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -97.6953296
    Latitude
    26.1890333

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    FAQs

    What type of property is this?
    Individual retail property - Former Bank, 43,647 SF, High Traffic
    Where is this individual retail property located?
    The property is located at 406 Commerce St Harlingen, TX.
    What are key features of this property?
    This property features: ± 43,647 SF on a 1-acre lot.; High-visibility corner lot at Tyler Ave & S. Commerce St, Harlingen, TX 78550, at a signalized intersection.;
    Request Owner's contact information
    406 Commerce St Harlingen, TX 78550
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    Harlingen, TX 78550
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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
    406 Commerce St Harlingen, TX 78550
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