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    2900 Us Hwy 281 Hidalgo, TX 78557-3576
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    Property profile & analytics

    2900 Us Hwy 281 Hidalgo, TX 78557-3576

    View on Map
    • Strip malls
    • 8,360 SF
    • 0.53 lot acres
    Off-Market
    Property ID
    US82-2526910
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 2900 Us Hwy 281

    Year built
    2004
    Lot size
    0.53 lot acres
    Property size
    8,360 SF
    Zone code
    CO
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    H1380-00-000-0002-00
    APU
    H138000000000200

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hidalgo
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2287
    Latitude
    26.0978
    CBSA code
    32580
    CBSA name
    MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $12,989
    $142,631
    $376,879
    $519,510
    -
    $142,631
    $376,879
    $519,510

    Comparable in this City

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    • Value Estimation by Request
      14,694 SF

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      SHOPPING CENTER, STRIP CENTER • 14,694 SF
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    • Value Estimation by Request
      7,200 SF

      107 Brg St

      SHOPPING CENTER, STRIP CENTER • 7,200 SF
      107 Brg St, Hidalgo, TX 78557-2612
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    • Value Estimation
      $760,000
      14,424 SF

      1101 Brg St

      SHOPPING CENTER, STRIP CENTER • 14,424 SF
      1101 Brg St, Hidalgo, TX 78557-2931
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    • Value Estimation by Request
      2,212 SF

      319 Coma Ave

      SHOPPING CENTER, STRIP CENTER • 2,212 SF
      319 Coma Ave, Hidalgo, TX 78557-2506
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    • Value Estimation
      $555,000
      10,748 SF

      2500 Dicker Rd

      SHOPPING CENTER, STRIP CENTER • 10,748 SF
      2500 Dicker Rd, Hidalgo, TX 78557-3884
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      126,638 SF

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    • $650,000
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      Hidalgo Commercial Land For Sale

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      Mixed-use property near McAllen-Reynosa International Bridge with income potential.
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    Similar Nearby for Lease

    • Contact for pricing

      High-Traffic Commercial Suites Available

      Two commercial suites on high-traffic Coma Ave for lease.
      114 Coma Ave, Hidalgo, TX 78557
      View Details
    • $1,200 /Mo
      1,200 SF

      High-Traffic Commercial Suites in Hidalgo

      Two 1,200 sq ft suites on high-traffic Coma Ave.
      114 Coma Ave, Hidalgo, TX 78557
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    • $1.50 SF/Yr
      11,890 SF

      Retail Space with Drive-Thru Lane

      Retail space ideal for food, beverage concepts with drive-thru.
      2800 East Military Hwy, Hidalgo, TX 78557
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    • $1.50 SF/Yr
      825 SF

      Retail Space For Rent

      Retail space with high visibility and traffic in Hidalgo, TX.
      2800 Us Highway 281 E, Hidalgo, TX 78557
      View Details
    • Contact for pricing

      Industrial Single Tenant Warehouse

      10,000 SqFt industrial space available for single tenant use.
      1120 E Produce Rd, Hidalgo, TX 78557
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      Executive Suites at Tres Puentes

      Office suites with all-inclusive lease rates near international business hubs.
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      View Details
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    Hidalgo, TX 78557-3576
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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