412 Edinburg Ave Elsa, TX 78543
- Commercial real estate
- 28,600 SF
- 15.55 lot acres
Current Use by Public Records
- Rio Delta Propane / Propane Supplier
Property Details for 412 Edinburg Ave
- Year built
- 1995
- Lot size
- 15.55 lot acres
- Property size
- 28,600 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property in Elsa, Texas, presents a unique investment opportunity. Located on a spacious 15.55-acre lot just off Edinburg Avenue, the property boasts a diverse range of income-producing assets. A substantial 15,000-square-foot cooled warehouse currently generates a stable monthly rental income of $10,000. Complementing this is a 6,000-square-foot auto repair shop, contributing a significant annual income of $200,000. Adding to the property's impressive revenue stream are five homes, four of which are currently leased, providing consistent rental income. The property's versatility is further enhanced by the presence of an established butane company and an ice company, both operating on the site. The total building square footage is 28,600 square feet. This multi-faceted property offers a rare chance to acquire a thriving commercial enterprise with diverse income streams, making it an ideal investment for discerning buyers seeking substantial returns. The property's strategic location and established tenant base ensure a strong foundation for continued growth and profitability. This is a truly exceptional opportunity not to be missed.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elsa
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9985
- Latitude
- 26.2929
