324 Expy 83 La Joya, TX 78560-4022
This 2,624 square foot shopping center in La Joya, Texas, presents a compelling investment opportunity. Built in 2015, the property sits on a 0.31-acre lot and boasts 16 parking spaces, including both front concrete parking and private covered parking at the rear. The building comprises four individual units, each equipped with a private bathroom and two entry doors for convenient access. Located at 324 W Expy 83, La Joya, TX 78560 (Hidalgo County, zip code 78560), this plaza is ideally suited for a variety of professional services, including hair salons, boutiques, medical clinics, or general business operations. The asking price is $450,000, translating to $1 per square foot. The property's high-traffic location and flexible showing availability make it an attractive prospect for investors seeking a strong return. This well-maintained commercial space offers a blend of convenience and functionality, making it a prime investment in a thriving Texas market. The property's design and features cater to a diverse range of potential tenants, ensuring long-term rental income potential. Don't miss this chance to acquire a profitable commercial property in a rapidly growing area.
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.