2900 E Us Highway 281 Hidalgo, TX 78557
For Sale
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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.
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
CO · Hidalgo, TXHidalgo. Always verify with local authorities before improvements.
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.