101 Owassa Rd Edinburg, TX 78542-3016

This exceptional Edinburg, Texas business and building presents a lucrative investment opportunity. Located on a 1.55-acre lot at 101 E Owassa Rd, 78542, this property boasts 3,100 square feet of space in a General Commercial zoned area. The single-story building enjoys 100% occupancy and generates a substantial Net Operating Income (NOI) of $281,216, resulting in a compelling 9.87% cap rate. The asking price is $2,850,000, translating to $919.35 per square foot. This prime location benefits from high visibility and significant traffic volume, situated on a hard corner with over 78,000 vehicles per day on the 281/I-69 corridor and an additional 17,000+ vehicles per day on Owassa/Dove. All inventory and equipment are included in the sale. Financial statements are available upon request. The owner may consider selling the real estate separately. Please note that the legal property description excludes additional land acquired from TxDOT. Owner financing is available. This is a rare opportunity to acquire a thriving business with exceptional location and strong financial performance in the Rio Grande Valley.