201-223 Tyler Ave Harlingen, TX 78550
This exceptional 0.8-acre commercial property at 201-223 W Tyler Ave, Harlingen, TX, presents a unique redevelopment opportunity. Boasting a highly desirable location with significant street frontage – 250 feet on West Tyler Avenue and 140 feet on South B Street – this site benefits from substantial traffic counts. Currently featuring a 528 square foot building, formerly used as a BBQ restaurant, and some existing paved parking, the property offers immediate potential for various commercial uses, including retail, office, or restaurant/bar establishments. Its proximity to downtown Harlingen further enhances its appeal. Note that several additional structures on the site are not included in the valuation and will be removed prior to closing, providing a clean slate for the new owner to develop their vision. The asking price for this prime commercial real estate is $750,000. This is an excellent chance to acquire a well-positioned property in a thriving Texas city, ready for immediate redevelopment and poised for significant return on investment. The substantial frontage and high traffic volume make this an exceptional opportunity for a discerning buyer.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.