107 Edinburg Ave Elsa, TX 78543-3006
Prime 2-acre commercial lot in Elsa, Texas, listed at $395,000. The property boasts a high-traffic location on West Highway 107 and Abel Drive, situated in a rapidly growing commercial area. A Dollar General store is directly adjacent, indicating strong commercial viability. The property's versatility makes it suitable for various ventures, including restaurants, retail establishments, or multi-family apartments. Included is a 1280-square-foot concrete building featuring two garage doors. This building is currently leased to a tire repair shop, but the tenant will vacate within 30 days of closing. The building is sold "as is." The property's convenient access from Highway 107 makes it particularly attractive for businesses requiring easy highway access, such as trucking companies. Built in 1960, this property presents a unique opportunity for business expansion or a new venture in a thriving Texas commercial zone. The property is located in Hidalgo County, Texas, with the address 107 SW Edinburg Avenue W, Elsa, TX 78543. This is a remarkable opportunity to acquire a well-positioned commercial property in a dynamic market.
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Dr. Wilfredo A. Aviles, MD Pediatrician Medical Clinic
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Ritter Coin Laundry (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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