Property profile

212 Madison Ave Harlingen, TX 78550

OFF-MARKET
Specialty properties
Property ID
US82-3127272
Built 1950
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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 Specialty properties
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

Location

212 Madison Ave Harlingen, TX 78550
Harlingen metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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