Current Use by Public Records
- Rio Delta Propane / Propane Supplier
Property Details for 412 Edinburg Ave
- Year built
- 1995
- Lot size
- 15.55 lot acres
- Property type
- Warehouses
- Property subtype
- Office Spaces
Description
This exceptional commercial property in Elsa, Texas, presents a unique investment opportunity. Located at 412 W Edinburg Avenue, this 15.55-acre site boasts a diverse range of income-generating assets. The property includes a 15,000 square foot climate-controlled warehouse currently leased for $10,000 per month. Adding to the substantial revenue stream is a 6,000 square foot auto repair shop generating $200,000 annually in rental income. Five homes are also situated on the property, with four currently under lease, providing a consistent rental income flow. The property's versatility is further enhanced by the presence of an established butane company and an ice company, both currently operating on the site. Built in 1995, this property offers a blend of industrial, office, and residential uses, making it an ideal investment for those seeking a diversified portfolio with significant immediate return. The asking price is $2,450,000. This is a rare opportunity to acquire a thriving commercial property with multiple income streams in a prime location in Hidalgo County, Texas, zip code 78543. The property's location offers easy access to Edinburg Avenue, providing excellent visibility and convenient access for tenants and customers. Don't miss this chance to own a truly exceptional commercial real estate asset.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elsa
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9985
- Latitude
- 26.2927
