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    OFF-MARKET
    Office Spaces

    302 Jackson Ave, Harlingen, TX 78550

    Built 1950
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 302 Jackson Ave. in the heart of downtown Harlingen, Texas, presents a unique investment opportunity. The building, constructed in 1950, boasts a substantial 9,896 square feet of office space, strategically divided between two floors. The first floor, encompassing approximately 6,896 square feet, is currently leased, providing immediate rental income. This floor features eight individual offices, ideal for a variety of professional uses. The second floor offers an additional approximately 3,000 square feet of unleased office space, presenting significant potential for expansion or additional rental income. The property's prime location at the corner of Jackson and 3rd Street in Harlingen, Texas, 78550, ensures high visibility and accessibility. This makes it an attractive proposition for businesses seeking a prominent downtown presence. The building's substantial size and flexible layout offer considerable versatility, making it suitable for a range of commercial ventures. The existing lease on the first floor provides a stable income stream, while the vacant second floor presents a chance to increase profitability. This is a rare opportunity to acquire a well-situated, sizable office building in a thriving Texas city. The property's strong location and substantial square footage make it an ideal investment for both seasoned and emerging investors.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1950
    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
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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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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