200 12Th AveEdinburg, TX 78541

Property Details for 200 12Th Ave

Year built

1983

Lot size

0.16 AC

Property size (Sq ft)

6,800 SF

Property type

Office buildings

APN

E3300-00-208-0023-00

APU

E330000208002300

Description

This exceptional investment opportunity presents a 7,099.84 sq ft commercial property located at 200 N 12th Avenue, Edinburg, TX 78541. Built in 1983, this historical landmark building sits on a corner lot in the heart of Edinburg's downtown area, directly across from the new Hidalgo County Courthouse. The property features five large office suites, or the potential for twenty smaller offices, offering diverse income potential through varied leasing options. Mature trees and private parking enhance the property's appeal. The building includes an elevator and offers exquisite views of the downtown business square from upper-level offices. Its prime location is further enhanced by its proximity to a planned three-story parking garage designed to accommodate the anticipated growth and revitalization of the downtown area. This unique property offers a blend of historical charm and modern convenience, making it an ideal investment for long-term equity growth and strong rental income. The asking price is $1,500,000.

• CAP approach

  CAP return

  Valuation

  6%

  $934,459

  6.5%

  $862,577

  7%

  $800,965

• Comparable approach

  Method

  Valuation

  Relative Method

  $586,373

  Geo Method

  $1,545,436

• Alternative Use

  Use

  Valuation

  Residential

  $1,069,596

  Hospitality

  $979,744

  Educational

  $815,136

  Medical

  $843,169

  Retail

  $1,267,989

Location Insight

City

Edinburg

County

Hidalgo

State

Texas

Latitude

26.3025

Longitude

-98.1608

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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