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Property profile & analytics
FOR SALE
Commercial real estate

314 Hidalgo Ave Raymondville, TX 78580

12,300 SF 0.32 ac lot Built 1935
Individually Owned Free & Clear
Property ID
US82-6466340
Property summary
AI-generated overview

This exceptional commercial property, located at 314 Hidalgo Ave. in Raymondville, Texas, 78580, presents a compelling investment opportunity. Built in 1935, this two-story building boasts a prominent downtown location with excellent visibility and high traffic counts, promising above-average returns. The first floor encompasses 12,300 square feet of multi-tenant occupied space, currently divided into three suites: Suite 1 (7,000 sq ft), Suite 2 (4,000 sq ft), and Suite 3 (1,300 sq ft). Each suite features attractive glazed tile and large windows, ideal for retail tenants. A spacious parking lot provides convenient parking for 12 vehicles. The second floor offers an additional 5,300 square feet of undivided space, suitable for office use or storage. The asking price for this well-situated, income-producing property is $190,000. This is a rare chance to acquire a substantial commercial building in a thriving Texas city. The property's prime location and versatile space make it an attractive investment for both seasoned and new investors. Don't miss this chance to secure a piece of Raymondville's commercial landscape.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1935
Total area 12,300 SF
Lot 0.32 ac (13,996 SF)
APN 13894
UPID US82-6466340
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
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Owner & transaction history
GLENN W HARDING
GLENN W HARDING
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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