210 Santa Rosa AveEdcouch, TX 78538

Property Details for 210 Santa Rosa Ave

Year built

2012

Lot size

0.51 AC

Property size (Sq ft)

1,170 SF

Property type

Grocery and convenience stores

APN

E3100-00-018-0005-00

APU

E310000018000500

Description

This exceptional commercial property, situated at 210 Santa Rosa Avenue in Edcouch, Texas, presents a unique investment opportunity. The property encompasses a substantial 6,168 square feet building situated on a 0.51-acre lot. The main building features a well-maintained, spacious plaza ideal for a variety of commercial uses. A significant advantage is the inclusion of a completely vacant and clean parcel of land directly adjacent to the main building, offering considerable expansion potential or the possibility of separate development. The existing building boasts a newly installed commercial kitchen, fully equipped with a state-of-the-art flat grill, new gas lines and regulators, a stainless steel smoke/steam hood, and a brand new fire suppression system. Cold storage refrigeration units and containers are also included, providing ample capacity for food storage and preparation. Conveniently located within the building are two restrooms. The property also includes a concrete parking area, ensuring ample space for customers and employees. This turnkey operation is ready for immediate occupancy and offers a compelling blend of existing infrastructure and future development possibilities. The asking price for this prime commercial property is $251,000.

• CAP approach

  CAP return

  Valuation

  6%

  $261,191

  6.5%

  $241,100

  7%

  $223,878

• Comparable approach

  Method

  Valuation

  Relative Method

  $278,443

  Geo Method

  $670,083

• Alternative Use

  Use

  Valuation

  Residential

  $203,377

  Hospitality

  $186,292

  Educational

  $154,993

  Medical

  $160,323

  Retail

  $241,100

Location Insight

City

Edcouch

County

Hidalgo

State

Texas

Latitude

26.2937

Longitude

-97.9625

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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