514 Broadway St Elsa, TX 78543
This exceptional 2,499.908 square foot commercial lot, located at 514 N Broadway Street in downtown Elsa, Texas, presents a compelling investment opportunity. Built in 1985, the property is currently vacant and requires a complete rehabilitation. Its prime downtown location offers significant potential for a variety of businesses seeking high visibility and accessibility. The asking price is $130,000, reflecting the need for renovations. The seller is highly motivated and prefers a cash sale, making this an attractive proposition for investors seeking a potentially lucrative project. The property's zoning and permitted uses should be independently verified. Given its current condition and the need for substantial improvements, this property is best suited for buyers with experience in property renovation and redevelopment. The property is situated in Hidalgo County, Texas, with a zip code of 78543. Serious inquiries are encouraged to schedule a viewing and assess the full potential of this unique opportunity. The property's location in the heart of Elsa's commercial district offers excellent exposure and accessibility.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.