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    Specialty properties

    613 Expressway 83, Harlingen, TX 78550

    Property ID
    Property summary
    AI-generated overview

    This exceptional special-purpose property, located at 613 Expressway 83 in Harlingen, Texas, presents a unique investment opportunity. Situated in Cameron County, zip code 78550, this single-tenant building offers unparalleled visibility and accessibility due to its prime expressway location. The property is part of a thriving, grocery-anchored retail center undergoing expansion and improvement by HEB, ensuring consistent high customer traffic. This translates to a robust and reliable customer base for any business occupying the space. The center boasts a diverse mix of established co-tenants, including Office Depot, Agua Dental, Leslie's Pools, Fred Loya Insurance, Amy's Nails, a Pho restaurant, and WellMed, among others. Available lease space ranges from a comfortable 1,500 square feet to a substantial 10,900 square feet, catering to a variety of retail businesses. The property's strategic location and the presence of strong co-tenants create an ideal environment for businesses seeking high visibility and significant foot traffic. This is a rare opportunity to secure a space within a dynamic and expanding retail center in a high-growth area of Harlingen. The building was constructed in an unspecified year.

    Property profile
    Verified
    Property type Specialty properties
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • H-E-B Fuel Gas Station
    • H-E-B Grocery & Convenience Store Food Market
    • H-E-B Pharmacy Pharmacy
    • Flaming Bird By H-E-B Restaurant
    • Western Union Bank Credit Union
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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