For Sale
$2,850,000

101 Owassa RdEdinburg, TX 78542

High-traffic location, 1.55 acres, $2.85M

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 1.55-acre commercial warehouse property in Edinburg, Texas, presents a lucrative investment opportunity. Located on a hard corner at 101 E Owassa Road, this 2007-built property boasts unparalleled visibility due to its prime position on the heavily trafficked 281/I-69 corridor, experiencing over 78,000 vehicles per day, and an additional 17,000+ vehicles per day on Owassa/Dove. The property includes all existing inventory and equipment, such as lift trucks, welders, and tools, necessary for immediate business operation. Detailed profit and loss information is available upon request. The seller is open to selling the real estate separately from the existing business. This offering represents a rare chance to acquire a high-visibility, well-established commercial property in a thriving Rio Grande Valley market. The property's legal description excludes additional land acquired from TxDOT. Note that the inventory list is subject to change. A video showcasing aerial imagery is available for review. The current business shows a 9.87% capitalization rate based on the 2023 annual potential operating income. Owner financing is considered.

Highlights

  • $2,850,000 asking price.
  • 1.55-acre lot in Edinburg, TX.
  • 2007-built commercial warehouse on a hard corner with high visibility.
  • High traffic count: 78,000+ VPD on the 281/I-69 corridor and 17,000+ VPD on Owassa/Dove.
  • Owner financing available.

Property Details for 101 Owassa Rd

Property type
Warehouses, Retail properties
Year Built
2007
Lot Size (sq. ft)
67,518 SF

Location Insight

City
Edinburg
County
Hidalgo
State
Texas
Latitude
26.2480115
Longitude
-98.1739774
101 Owassa Rd, Edinburg, Texas

FAQs

What type of property is this?
Warehouse - High-traffic location, 1.55 acres, $2.85M
Where is the warehouse located?
The property is located at 101 Owassa Rd Edinburg, TX.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: $2,850,000 asking price.; 1.55-acre lot in Edinburg, TX.; 2007-built commercial warehouse on a hard corner with high visibility.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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101 Owassa Rd
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