225 Cano St Edinburg, TX 78539-4509
This 10,059-square-foot vacant retail property, located at 225 E. Cano St. in Edinburg, Texas, is offered at $650,000 ($64.62/sq ft). The property, built in 1972, is a single-story, Class C building situated on a 0.24-acre lot. Its zoning is B-2, and the property features one unit. The building's address is a high-visibility corner location, one block from the Hidalgo County Courthouse. This makes it ideal for a variety of retail uses, including convenience stores and restaurants, as indicated by its permitted uses. The property is currently vacant, offering a blank canvas for a new business. The property's location in Hidalgo County, Texas, offers access to a significant population base. The APN is E3300-00-252-0008-00. The property's size and location present a significant opportunity for a business seeking a prominent presence in Edinburg. The vacant status allows for immediate occupancy and customization to suit a specific business plan. The asking price represents a compelling investment opportunity in a thriving Texas market.
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
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Property description
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Risks
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