200 12Th Ave Edinburg, TX 78541
For Sale
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This exceptional investment opportunity presents a 7,099.84 sq ft commercial property located at 200 N 12th Avenue, Edinburg, TX 78541. Built in 1983, this historical landmark building sits on a corner lot in the heart of Edinburg's downtown area, directly across from the new Hidalgo County Courthouse. The property features five large office suites, or the potential for twenty smaller offices, offering diverse income potential through varied leasing options. Mature trees and private parking enhance the property's appeal. The building includes an elevator and offers exquisite views of the downtown business square from upper-level offices. Its prime location is further enhanced by its proximity to a planned three-story parking garage designed to accommodate the anticipated growth and revitalization of the downtown area. This unique property offers a blend of historical charm and modern convenience, making it an ideal investment for long-term equity growth and strong rental income. The asking price is $1,500,000.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.