402 Coma Ave Hidalgo, TX 78557
- Strip malls
- 6,815 SF
- 0.52 lot acres
Current Use by Public Records
- Hidalgo All Stars Screen Ptg & Embroidery / Screen Printer
Property Details for 402 Coma Ave
- Year built
- 1983
- Lot size
- 0.52 lot acres
- Property size
- 6,815 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- P4500-00-010-0001-00
- APU
- P450000010000100
Description
This exceptional commercial property, situated at 402 E Coma Avenue in Hidalgo, Texas, presents a unique investment opportunity. Spanning 9,695 square feet on a 0.52-acre lot, the property boasts five versatile units, offering significant flexibility for a variety of commercial uses. One unit is a former gas station, ripe for redevelopment and presenting a substantial upside potential. The property's prime location on Coma Avenue ensures high visibility and accessibility, benefiting from the constant flow of traffic in this bustling area. Less than a mile from the U.S.-Mexico border, this location provides unparalleled access to a large and diverse customer base, including both local residents and cross-border shoppers. The property's strategic position makes it ideal for retail businesses, service providers, or office spaces seeking to capitalize on the robust economic activity in this high-growth market. The existing infrastructure provides a solid foundation for immediate occupancy or extensive renovations, allowing for customization to suit specific business needs. This is an exceptional opportunity for investors and entrepreneurs seeking a high-traffic location with significant redevelopment potential in a dynamic border region. The asking price is $1,100,000.
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
- -98.2567
- Latitude
- 26.1069
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
