Property summary
This exceptional 2,579 square foot commercial property, situated on a 0.62-acre lot at 802 N Jackson Road in Hidalgo, Texas, presents a compelling investment opportunity. Its prime corner location in the burgeoning South Jackson area offers unparalleled visibility and accessibility. The property benefits from its proximity to residential complexes, schools, and warehousing facilities, ensuring a robust customer base and convenient logistics. Furthermore, its strategic location near the international Pharr bridge provides easy access to cross-border commerce and a wider market reach. The substantial lot size offers significant expansion potential, allowing for the construction of additional commercial structures to accommodate growth or diversification of business ventures. This makes it an attractive proposition for entrepreneurs seeking to establish a new business, or for existing businesses looking to expand their operations. The area's strong growth trajectory suggests a promising return on investment. The property's versatility makes it suitable for a wide range of commercial uses, including restaurants, bars, and offices, providing flexibility for potential buyers. This is a rare opportunity to acquire a well-located, sizeable commercial property in a rapidly developing area with considerable future potential. The asking price is $665,000.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store
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Bar & Pub
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Restaurant
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Bar & Pub Catering Service
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Hardware & Home Improvement HVAC Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
RS · Hidalgo, TXZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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