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    Property profile & analytics
    FOR SALE
    Commercial real estate

    1911 Laurel Ct, Donna, TX 78537

    960 SF 0.62 ac lot Built 2004
    Individually Owned 22-yr Hold ~ Est. High Equity
    Property ID
    US82-5589652
    Property summary
    AI-generated overview

    This exceptional commercial property in Donna, Texas, presents a unique investment opportunity. Located at the intersection of FM 493 and Laurel Court, the 27,072.976 square foot lot boasts over 500 feet of frontage on FM 493, ensuring high visibility and accessibility. The property includes a variety of existing structures, offering flexibility for redevelopment or continued use. These structures include a drive-through, a single-family home (built in 2007, 2314 square feet), a former gas station canopy, and a swimming pool. Adding to its versatility, a 2544 square foot space above the drive-through is currently utilized as a private event center. The property's 2004 construction date and substantial lot size provide ample room for various commercial ventures. Its strategic location in Hidalgo County, Texas, with a 78537 zip code, offers excellent potential for growth and return on investment. This is a rare chance to acquire a well-positioned commercial property with existing infrastructure and significant development potential. The asking price is $699,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2004
    Total area 960 SF
    Lot 0.62 ac (27,073 SF)
    Zoning code RS
    APN C4143-00-000-0027-00
    UPID US82-5589652
    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
    Current use
    Occupant on record · Public records
    • Las margaritas (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Luis A Nieto · 22 yrs held
    Luis A Nieto
    since 2004
    5 recorded transactions
    2016
    2004
    1969
    1969
    1969
    Zoning & alternative use
    RS · Donna, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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