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Property profile & analytics
OFF-MARKET
Commercial real estate

201-223 Tyler Ave Harlingen, TX 78550

528 SF 0.8 ac lot Built 1996
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1996
Total area 528 SF
Lot 0.8 ac (34,848 SF)
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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