3320 University Dr Edinburg, TX 78539
- Commercial real estate
- 2,132 SF
- 1.88 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3320 University Dr
- Year built
- 1978
- Lot size
- 1.88 lot acres
- Property size
- 2,132 SF
- Property type
- Commercial real estate
Description
This exceptional 2.132-square-foot commercial property, situated on a generous 1.88-acre lot at 3320 W University Drive in Edinburg, Texas, presents a unique investment opportunity. The property boasts high visibility due to its location on a major thoroughfare in a rapidly developing area of the Rio Grande Valley. The existing improvements include a substantial workshop, ideal for various commercial uses, and a three-bedroom, one-bathroom residence, offering immediate occupancy potential or the option for employee housing. The expansive lot size allows for significant flexibility in future development plans, catering to a wide range of commercial or residential projects. The property's prime location and existing structures combine to create a compelling proposition for investors seeking a high-return asset in a thriving market. The asking price is $765,000. This is a rare opportunity to acquire a substantial property in a high-demand area, offering immediate income potential and significant long-term growth prospects. Don't miss out on this exceptional investment opportunity.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1974
- Latitude
- 26.3063