Current Use by Public Records
- Retail properties & Spaces
Property Details for 702 Hi Line Rd
- Year built
- 2017
- Lot size
- 1.75 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional 1.751-acre commercial property at 702 Hi Line Road, Hidalgo, TX 78557, presents a lucrative investment opportunity. Built in 2017, the property boasts a versatile mix of land, office, and retail space, currently operating as a restaurant with additional income streams from small, month-to-month rentals. The strategic location on a hard corner with a four-way stoplight ensures high visibility and accessibility. The property is surrounded by residential areas, providing a substantial customer base. Over 50 parking spaces are available, and the existing structure offers significant expansion potential. Architectural plans are available for adding substantial plaza space to the west of the current building, allowing for further development and increased revenue streams. The asking price is $1,450,000. Restaurant equipment and furniture are available for separate purchase. This property is ideal for an investor seeking a multi-faceted commercial venture with immediate income and substantial growth potential in a thriving Texas community. The property is zoned for commercial use and includes a successful, fully operational restaurant.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hidalgo
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2246
- Latitude
- 26.1051
