1222 N Closner Blvd Edinburg, TX 78541
For Sale
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This exceptional commercial property, located at 1222 N Closner Boulevard in Edinburg, Texas, presents a unique investment opportunity. The property encompasses a substantial 5.25-acre lot, offering significant expansion potential. The existing improvements include a spacious 9,375 square foot warehouse, ideally suited for storage, distribution, or manufacturing. Two convenient overhead doors facilitate efficient loading and unloading. A separate 1,872 square foot office building provides ample space for administrative functions. Built in 1981, the property benefits from its location in a high-traffic area, ensuring excellent accessibility for both employees and clients. The combination of warehouse and office space, coupled with the expansive lot size, makes this property suitable for a wide range of commercial uses. The property's strategic location in Hidalgo County, Texas, and its proximity to major transportation routes, further enhances its appeal. The asking price for this prime commercial real estate is $1,575,000. This presents a compelling opportunity to acquire a well-established property with significant growth potential in a thriving Texas market. The property's zip code is 78541.
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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Costs & Benchmarks
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Risks
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