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Property profile & analytics
FOR SALE
Strip malls

2900 E Us Highway 281 Hidalgo, TX 78557

8,360 SF 0.53 ac lot Built 2004
Individually Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-2526910
Property summary
AI-generated overview

This exceptional $850,000 commercial property, located at 2900 E US Highway 281 in Hidalgo, Texas (zip code 78557), presents a unique investment opportunity. Built in 2004, the property encompasses a diverse range of uses, making it ideal for a variety of investors. The site includes a thriving strip mall plaza featuring a restaurant, two spaces suitable for retail or office use, and a substantial warehouse space of approximately 5,000 square feet. The total land area is 23,192.215 square feet, offering ample space for expansion or future development. Its strategic location on Highway 281, between Hidalgo and Las Milpas, ensures high visibility and accessibility, attracting significant foot traffic and convenient access for customers and employees. This versatile property offers a blend of established businesses and potential for growth, making it an attractive investment in a dynamic Texas market. The property's diverse tenant mix provides a stable income stream, while the ample land and warehouse space offer opportunities for expansion or redevelopment. This is a rare opportunity to acquire a well-established commercial property with significant upside potential in a thriving location. The property is classified as Land, Retail, and Industrial, offering flexibility for various business ventures.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Total area 8,360 SF
Lot 0.53 ac (23,191 SF)
Zoning code CO
APN H1380-00-000-0002-00
UPID US82-2526910
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Gustavo Lopez · 20 yrs held
Gustavo Lopez
since 2005
7 recorded transactions
2019
Price N/A
2010
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CO · Hidalgo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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