611 Edinburg Ave Elsa, TX 78543
This exceptional 7,848-square-foot freestanding retail building, located at 611 E Edinburg Ave in Elsa, Texas, presents a compelling investment opportunity. Built in 2001, the property sits on a 0.81-acre lot and boasts ample parking with over 25 spaces. Its strategic location on a major arterial roadway in Elsa, just minutes from I-69C, ensures high visibility and accessibility. The property benefits from significant daily traffic exceeding 16,000 vehicles on Edinburg Avenue, making it highly attractive for a variety of retail uses. Currently vacant, this triple-net (NNN) leased property offers a blank canvas for a new tenant or an ideal platform for an investor seeking a strong return. The asking price is $950,000, translating to $121.05 per square foot. The building's high-quality construction and prime location combine to create a rare opportunity in the thriving Elsa market. This freestanding structure offers excellent visibility and convenient access for customers, making it an ideal location for a variety of retail businesses. The property's size and ample parking further enhance its appeal to potential tenants or investors. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area of Texas. The zip code is 78543, and the property is situated in Hidalgo County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.