0000 Us Hwy Business 83 Hwy San Juan, TX 78589
This exceptional 2.72-acre commercial lot in San Juan, Texas, presents a remarkable investment opportunity. Strategically located on Highway Business 83, this property boasts high visibility and accessibility, making it ideal for a variety of commercial developments. Its proximity to Expressway 83 ensures convenient access for customers and employees. The location is further enhanced by its close proximity to established businesses such as Land Rover, Acura, Chili's, Starbucks, and Olive Garden, creating a strong retail synergy. The property's significant draw is its proximity to The Basilica of Our Lady of San Juan del Valle, attracting over 25,000 visitors each weekend and more than 1 million annually, providing a substantial potential customer base. This presents a unique chance to capitalize on the high traffic volume and established commercial presence in the area. The lot is city-owned and offers significant potential for a strip mall, car wash, event center, or other commercial ventures. With its size, location, and high traffic count, this property is poised for significant growth and return on investment. The asking price is $650,000. The property is located at 0000 E US Highway Business 83 Highway E, San Juan, TX 78589, in Hidalgo County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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