616 Nebraska Ave San Juan, TX 78589
This exceptional commercial property, located at 616 S Nebraska Avenue in San Juan, Texas, presents a unique investment opportunity. The 3,250.012 square foot lot features a building constructed in 1980, currently configured as office space in the front and warehouse space in the rear. This versatile layout offers significant flexibility for a variety of commercial uses, including retail, office, or a mixed-use development. Situated in the heart of San Juan's soon-to-be revitalized downtown area, this property benefits from high visibility on a busy street and convenient on-street public parking. The asking price is $99,999. The property is being sold "as-is," allowing for customization to meet specific business needs and capitalize on the area's anticipated growth. This is an ideal opportunity to establish a presence in a dynamic and developing Texas city. The property's location in Hidalgo County, Texas, zip code 78589, offers easy access to major transportation routes and a growing local market. Don't miss this chance to be part of San Juan's exciting transformation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.