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Property profile & analytics
OFF-MARKET
Office buildings

1300 Business 83 San Juan, TX 78589-4741

208 SF 0.32 ac lot Built 1989
Individually Owned 6-yr Hold Free & Clear
Property ID
US82-4394887
Property summary
AI-generated overview

This exceptional commercial land opportunity in San Juan, Texas, presents a compelling investment prospect. Located at 1300 E Business 83, this 13,878.216 square foot lot boasts high visibility due to its strategic location off Business 83, a major thoroughfare experiencing significant traffic volume. The property's 208 square foot existing structure, built in 1989, offers potential for immediate use or redevelopment. The site is ideally suited for a variety of commercial ventures, including retail, office, or service-based businesses. Given the robust growth of both residential and commercial sectors in San Juan, this property is poised for strong rental income and long-term appreciation. The flexible zoning allows for diverse business applications, catering to a wide range of entrepreneurial endeavors. This high-demand location, coupled with the property's size and existing structure, makes it an attractive investment for those seeking a foothold in a thriving Texas market. The asking price is $270,000. Don't miss this chance to capitalize on the dynamic growth of San Juan. The property is situated in Hidalgo County, Texas, with a zip code of 78589.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Construction FRAME
Total area 208 SF
Lot 0.32 ac (13,878 SF)
Zoning code RS
APN M3853-00-000-0009-00
UPID US82-4394887
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Gilberto Salazar · 6 yrs held
Gilberto Salazar
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
RS · San Juan, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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