314 Hidalgo Ave Raymondville, TX 78580
For Sale
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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.
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
No recorded transactions found for this property.
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.