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Property profile & analytics
FOR SALE
Commercial real estate

180 Robertson St San Benito, TX 78586

1,500 SF 0.04 ac lot Built 1945
Individually Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US82-4844350
Property summary
AI-generated overview

This unique commercial property, located at 180 Robertson St., San Benito, TX 78586, presents a compelling investment opportunity. Built in 1945, the structure is currently a special purpose property requiring extensive repairs or demolition due to a prior fire that resulted in a complete roof loss. The asking price is $45,000, and the owner is open to negotiations. A compelling aspect of this offering is the owner financing option available, with a $30,000 down payment and a 10% APR. Situated in Cameron County, this lot boasts a prime location with significant potential for future commercial development. The property's address is precisely 26.131437 latitude and -97.6334414 longitude. Given its current condition, this property is ideal for buyers seeking a redevelopment project or a land acquisition in a high-growth area. The significant upside potential, coupled with the flexible financing terms, makes this a rare opportunity in the San Benito commercial real estate market. Buyers should be prepared for substantial renovation or demolition costs. The property is sold as-is.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1945
Total area 1,500 SF
Lot 0.04 ac (1,625 SF)
Zoning code SBH
APN 57-0000-0270-0080-00
UPID US82-4844350
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
Eli M Elorza · 3 yrs held
Eli M Elorza
since 2022
2 recorded transactions
2022
Price N/A
2006
Price N/A
Zoning & alternative use
SBH · San Benito, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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