600 Santa Rosa Ave Edcouch, TX 78538
- Auto shops
- 2,000 SF
- 0.38 lot acres
Current Use by Public Records
- Auto shops
Property Details for 600 Santa Rosa Ave
- Year built
- 2016
- Lot size
- 0.38 lot acres
- Property size
- 2,000 SF
- Property type
- Auto shops
- APN
- E3100-00-045-0001-00
- APU
- E310000045000100
Description
This exceptional commercial property at 600 Santa Rosa Ave., Edcouch, TX 78538, presents a lucrative investment opportunity. Built in 1971, this expansive 9,000+ square foot retail space is ideally suited for savvy investors or entrepreneurs. The property boasts five distinct units, currently operating as two fully equipped restaurants and a thriving family bar and grill. Two commercial kitchens and two coolers are included, ensuring operational efficiency. The high-traffic location in Hidalgo County guarantees consistent customer flow. The current businesses generate a steady income stream, providing immediate return on investment. However, the property's versatility allows for diverse uses, making it attractive to those seeking to continue the existing operations or lease out the individual units to multiple tenants. This unique offering in Edcouch, Texas represents a rare chance to acquire a well-established, high-potential commercial property. The asking price is $1,300,000. This property is zoned for retail use.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $370,000
- 6.5%
- $410,000
- 7%
- $420,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $340,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $365,000
- Retail
- $425,000
- Mixed-Use
- $445,000
- Hospitality
- $395,000
- Educational
- $445,000
- Residential Income
- $490,000
- Energy
- $480,000
- Income-Based Land
- $450,000
- Food Service
- $485,000
Location Insight
- Map
- Local Demand
- City
- Edcouch
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9661
- Latitude
- 26.2936
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA