505 W Owassa Rd, Edinburg, TX 78539
- Assisted living facilities
- 14,386 SF
- 1.49 lot acres
Current Use by Public Records
- Assisted living facilities
Property Details for 505 W Owassa Rd
- Year built
- 2013
- Lot size
- 1.49 lot acres
- Property type
- Assisted living facilities
- Property subtype
- Retirement homes
- APN
- O8050-00-000-0001-05
- APU
- O805000000000105
Description
This exceptional Class A office building, constructed in 2013, offers 14,386 square feet of versatile space in the Owassa Lake Business Park. Located at 505 W Owassa Rd, Edinburg, TX 78539, this single-story building sits on a 1.4-acre lot and features two suites, each offering a minimum of 7,193 square feet. Currently, 7,193 square feet is available for lease. The property's flexible design caters to a variety of uses, including traditional office, medical office, and coworking spaces. Its convenient location near Owassa Road and Highway 281 ensures easy access for employees and clients. The tranquil setting, enhanced by a nearby six-acre pond, offers a unique and peaceful work environment. The property is zoned commercial (APN: 08050-00-000-001-05) and presents a significant opportunity for businesses seeking a modern, adaptable workspace in a desirable location. The building's single-story design and ample parking provide convenient access for all occupants. This is an ideal opportunity for a business seeking a high-quality, well-located office space in a thriving Texas community.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $680,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $668,000
Market price range: $292k - $668k -
Alternative Use
- Use
- Estimation
- HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
- $495,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,110,000 Change: +125% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.179
- Latitude
- 26.2507
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
