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Property profile & analytics

501 Ed Carey Dr Harlingen, TX 78550-8358

  • Commercial real estate
  • 7,840 SF
  • 0.76 lot acres
OFF-MARKET
Value Estimations
$1,265,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US82-0499480
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
  • 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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,300
$223,933
$774,277
$998,210
-
$223,933
$774,277
$998,210
More about this property
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