2900 E Us Highway 281 Hidalgo, TX 78557
- Strip malls
- 8,360 SF
- 0.53 lot acres
Current Use by Public Records
- Strip malls
Property Details for 2900 E Us Highway 281
- Year built
- 2004
- Lot size
- 0.53 lot acres
- Property size
- 8,360 SF
- Zone code
- CO
- Property type
- Strip malls
- Property subtype
- Neighborhood 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 Estimation
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CAP approach
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Comparable approach
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Alternative Use
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
