100 Main St Eagle Pass, TX 78852-6847
- Commercial real estate
- 28,990 SF
- 0.60 lot acres
Current Use by Public Records
- Perfumeria Eros / Perfume Store
- Onyx / Night Club
Property Details for 100 Main St
- Year built
- 1980
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.60 lot acres
- Property size
- 28,990 SF
- Property type
- Commercial real estate
- APN
- 16497
- APU
- 16497
Description
This exceptional 29,980-square-foot shopping center, located at 100 Main Street in Eagle Pass, Texas, presents a compelling investment opportunity. The Class B property, built in 1980, boasts 100% occupancy with a diverse mix of quality tenants, including a beauty school, bridal shop, and fashion retailer, ensuring stable cash flow. Positioned on a 0.6-acre lot with significant frontage on Main and Commercial Streets, the property benefits from high visibility and pedestrian traffic. Its strategic location, just one block from International Bridge 1, connects it to the vibrant Eagle Pass/Piedras Negras metropolitan area (approx. 220,000 population). The asking price is $1,300,000, translating to $43.36 per square foot, significantly below replacement cost. The property offers a compelling 10.69% cap rate and substantial upside potential through future rent increases and expense reimbursements. The current base rent is $6.06 per square foot. Eagle Pass's booming port city status, with a 22% year-over-year trade growth in 2024, further enhances the investment's appeal. The property is zoned B2 and features a single story. This is a rare opportunity to acquire a high-performing retail asset in a rapidly growing border city.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $800,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Eagle Pass
- County
- Maverick
- State
- Texas
- Longitude
- -100.506
- Latitude
- 28.7078
- CBSA code
- 20580
- CBSA name
- EAGLE PASS, TX MICROPOLITAN STATISTICAL AREA
