Property profile

444 Coma Ave Hidalgo, TX 78557

OFF-MARKET
Strip malls
Property ID
US82-3688812
7,865 SF 0.32 ac lot Built 2002
Individually Owned 14-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 7,865 square foot commercial property, situated on 0.32 acres at 444 E Coma Avenue in Hidalgo, Texas, presents a unique investment opportunity. The property boasts four versatile units, each adaptable to a variety of uses, including retail, service-oriented businesses, or office spaces. Its prime location on Coma Avenue ensures high visibility and accessibility, attracting significant foot traffic. The property's proximity to the U.S.-Mexico border, less than a mile away, provides unparalleled access to a large and diverse customer base, including both local residents and cross-border shoppers. This strategic location capitalizes on the consistent flow of border traffic, offering substantial potential for growth and return on investment. The flexible floor plans within each unit allow for customization to suit individual business needs, making this property an attractive option for a wide range of entrepreneurs and investors. The asking price for this exceptional commercial property is $500,000. Don't miss this chance to establish a presence in a thriving, high-growth market. This property offers a compelling combination of location, versatility, and potential for significant returns.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2002
Total area 7,865 SF
Lot 0.32 ac (14,135 SF)
APN P4500-00-010-0009-00
UPID US82-3688812

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

444 Coma Ave Hidalgo, TX 78557-2507
Hidalgo metro Census 21308 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2012
7 recorded transactions
2012
Price N/A
2007
Price N/A
2007
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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