101 Owassa Rd, Edinburg, TX 78542-3016
- Office buildings
- 600 SF
- 1.05 lot acres
Current Use by Public Records
- Office buildings
Property Details for 101 Owassa Rd
- Year built
- 2007
- Lot size
- 1.05 lot acres
- Property type
- Office buildings
- APN
- K2400-00-000-0068-02
- APU
- K240000000006802
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 7, 2025 | — | La Roca Investments Ltd | Victor Daniec | Deed | $1.5M · Rio Grande Steel Ltd |
| Nov 2, 2009 | — | Victor Daniec | Daniec,adam & Wieslawa | Quit Claim Deed · related | — |
| Dec 28, 2007 | — | Victor Daniec | Daniec Danuta A Trust | Quit Claim Deed · related | — |
| — | — | Victor J Daniec | — | Deed Of Trust · related | $250k · Lone Star Nat'l Bk |
Description
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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1738
- Latitude
- 26.2481
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
