314 Hidalgo Ave Raymondville, TX 78580
- Commercial real estate
- 12,300 SF
- 0.32 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 314 Hidalgo Ave
- Year built
- 1935
- Lot size
- 0.32 lot acres
- Property size
- 12,300 SF
- Property type
- Commercial real estate
- APN
- 13894
- APU
- 13894
Description
This exceptional commercial property, located at 314 Hidalgo Ave. in Raymondville, Texas, 78580, presents a compelling investment opportunity. Built in 1935, this two-story building boasts a prominent downtown location with excellent visibility and high traffic counts, promising above-average returns. The first floor encompasses 12,300 square feet of multi-tenant occupied space, currently divided into three suites: Suite 1 (7,000 sq ft), Suite 2 (4,000 sq ft), and Suite 3 (1,300 sq ft). Each suite features attractive glazed tile and large windows, ideal for retail tenants. A spacious parking lot provides convenient parking for 12 vehicles. The second floor offers an additional 5,300 square feet of undivided space, suitable for office use or storage. The asking price for this well-situated, income-producing property is $190,000. This is a rare chance to acquire a substantial commercial building in a thriving Texas city. The property's prime location and versatile space make it an attractive investment for both seasoned and new investors. Don't miss this chance to secure a piece of Raymondville's commercial landscape.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Raymondville
- County
- Willacy
- State
- Texas
- Longitude
- -97.7846
- Latitude
- 26.4822
- CBSA code
- 39700
- CBSA name
- RAYMONDVILLE, TX MICROPOLITAN STATISTICAL AREA
