501 Ed Carey Dr Harlingen, TX 78550-8358
- Commercial real estate
- 7,840 SF
- 0.76 lot acres
Current Use by Public Records
- MediForce DME / Medical Supply Store
- Nutech Orthotics & Prosthetics / Orthotics & Prosthetics Service
- Verizon / Mobile Phone Store / Electronics & Wireless Store
- Verizon Business Services / Business To Business Service
Property Details for 501 Ed Carey Dr
- Year built
- 1993
- Lot size
- 0.76 lot acres
- Property size
- 7,840 SF
- Zone code
- C
- Property type
- Commercial real estate
- APN
- 15-7590-0150-0040-00
- APU
- 1575900150004000
Description
This exceptional special-purpose property, located at 501 Ed Carey Dr. in Harlingen, Texas, presents a unique investment opportunity. Built in 1993, this single-tenant building boasts a highly desirable location on a major thoroughfare, ensuring excellent visibility and accessibility for businesses. The property comprises a spacious 4132 square foot retail area, perfectly suited for a variety of commercial uses. Adding to its versatility, a 1700 square foot air-conditioned warehouse space is situated at the rear of the building, providing ample storage or additional workspace. The property's history includes previous use as an office supply store and more recently as a medical equipment store, demonstrating its adaptability to diverse business needs. Situated in Cameron County, Texas, with a zip code of 78550, this property offers a strategic location within a thriving community. The building's single-tenant occupancy simplifies management and provides a stable income stream. This is an excellent opportunity to acquire a well-located, versatile commercial property with significant potential for growth and return on investment. The property's size and layout offer flexibility for a range of businesses seeking a prominent location in Harlingen. The combination of retail space and warehouse storage makes this property particularly attractive to businesses requiring both showroom and storage capabilities. This is a rare opportunity to own a well-established commercial property in a high-traffic area.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,325,000
- 6.5%
- $1,220,000
- 7%
- $1,135,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,308,000
Market price range: $419k - $1.31M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Harlingen
- County
- Cameron
- State
- Texas
- Longitude
- -97.6804
- Latitude
- 26.1637
- CBSA code
- 15180
- CBSA name
- BROWNSVILLE-HARLINGEN, TX METROPOLITAN STATISTICAL AREA