302 Jackson Ave, Harlingen, TX 78550
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.
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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.