Property profile

602 Minnesota Rd San Juan, TX 78589

OFF-MARKET
Bars & Pubs
Property ID
US82-8977497
2,008 SF 0.33 ac lot Built 1995
Individually Owned 10-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 14,499.817 square foot commercial land parcel presents a compelling investment opportunity in San Juan, Texas. Located at 602 Minnesota Road, 78589, this property offers significant potential for a variety of commercial ventures. Built in 1977, the expansive lot provides ample space for development, making it ideal for entrepreneurs seeking a strategic location in a growing market. The property's size allows for the construction of a substantial building, potentially suited for uses such as a mechanic shop, storage facility, or other commercial enterprises. Its location in Hidalgo County, Texas, offers convenient access to major transportation routes and a thriving local economy. The asking price is $205,000, representing a strong value proposition for investors seeking a prime piece of commercial real estate in San Juan. This property is ready for your vision and offers endless possibilities for future development and profitability. Don't miss this chance to acquire a significant piece of commercial land in a desirable Texas location. Serious inquiries are encouraged.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1995
Total area 2,008 SF
Lot 0.33 ac (14,501 SF)
Zoning code GAF
APN E4000-00-001-0001-00
UPID US82-8977497

Cap rate & NOI

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

Location

602 Minnesota Rd San Juan, TX 78589
San Juan metro Census 21809 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

Zoning & alternative use

GAF · San Juan, TX

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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