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    OFF-MARKET
    Commercial real estate

    212 Madison Ave, Harlingen, TX 78550

    Built 1950
    Property ID
    US82-3127272
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 212 Madison Ave in the heart of Harlingen, Texas, presents a unique investment opportunity. Built in 1950, this special-purpose building sits on just over two acres of commercially zoned land, offering significant flexibility for a variety of uses. The property boasts ample office space, ideal for administrative functions or a small business headquarters. A substantial garage area provides extensive space for vehicle maintenance, storage, or other operational needs. Additional parking is also available on the property, ensuring convenient access for employees, clients, or customers. The property's central location in Harlingen's downtown area offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the community. The asking price for this versatile property is $325,000. With its combination of office space, extensive garage capacity, and ample parking, this property is well-suited for a diverse range of commercial enterprises. The 78550 zip code ensures easy access to local amenities and transportation networks. This is a rare opportunity to acquire a substantial commercial property in a thriving Texas city. The property's size and zoning provide significant potential for future development or expansion. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1950
    UPID US82-3127272
    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
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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