711 University Dr Edinburg, TX 78539
- Retail space
- 960 SF
- 0.08 lot acres
Current Use by Public Records
- Retail space
Property Details for 711 University Dr
- Year built
- 1988
- Lot size
- 0.08 lot acres
- Property size
- 960 SF
- Property type
- Retail space
- APN
- E3300-00-238-0019-00
- APU
- E330000238001900
Description
This exceptional commercial property, located at 711 E University Drive in Edinburg, Texas, presents a unique investment opportunity. The 960-square-foot building sits on a 0.08-acre lot and is currently configured as a jewelry store, offering immediate income potential. The versatile layout includes a main storefront area and three additional divided spaces, providing flexibility for various commercial uses. A significant advantage is the inclusion of a one-bedroom efficiency apartment located upstairs, adding to the property's rental income potential or providing convenient owner-occupied space. Its prime location in downtown Edinburg offers excellent visibility and accessibility, being approximately half a mile from the courthouse, three-quarters of a mile from the expressway, and only 1.5 miles from the University of Texas Rio Grande Valley (UTRGV). This strategic positioning ensures high foot traffic and easy access for customers and employees. The asking price for this property is $360,000. This is an ideal opportunity for an investor seeking a strong return or a business owner looking for a well-situated space with added residential amenities. Don't miss this chance to acquire a thriving commercial property in a rapidly growing area.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1552
- Latitude
- 26.3007
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
