320 Hidalgo Ave Raymondville, TX 78580
- Commercial real estate
- 7,000 SF
- 0.16 lot acres
Current Use by Public Records
- La Mexicana / Gift Shop
Property Details for 320 Hidalgo Ave
- Year built
- 1935
- Lot size
- 0.16 lot acres
- Property size
- 7,000 SF
- Property type
- Commercial real estate
Description
This prime commercial property, located at 320 W Hidalgo Avenue in Raymondville, Texas, presents a compelling investment opportunity. The 7,000 square foot building sits on a 0.16-acre lot in the heart of downtown, offering exceptional visibility and accessibility. Currently leased to a retail tenant, the property boasts large storefront windows, perfect for maximizing customer engagement and showcasing goods. Its strategic location off the city's main street ensures high foot traffic, while its proximity to the interstate provides easy access for customers and employees. The property's strong tenant occupancy provides a steady income stream for investors, making it an attractive option for those seeking a stable return on investment. The substantial square footage offers ample space for a variety of commercial uses, presenting potential for future expansion or adaptation to suit evolving business needs. This property represents a rare opportunity to acquire a well-situated, income-generating asset in a thriving downtown area. The combination of high visibility, convenient location, and existing tenancy makes this an exceptional investment prospect in the dynamic Raymondville market. The asking price is $105,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Raymondville
- County
- Willacy
- State
- Texas
- Longitude
- -97.7842
- Latitude
- 26.4819
