1718 28Th AveEdinburg, TX 78542

Property Details for 1718 28Th Ave

Year built

1998

Lot size

2.40 AC

Property size (Sq ft)

9,900 SF

Zone code

IN

Property type

Showrooms

APN

E0058-03-000-0001-00

APU

E005803000000100

Description

This exceptional 11,900-square-foot industrial property in Edinburg, Texas, presents a rare opportunity. Situated on a spacious 2.4-acre lot within the Renaissance Industrial Park, this single-tenant building offers unparalleled convenience and accessibility. The property boasts two buildings, totaling 11,900 square feet of entirely vacant, flexible space, ideal for a variety of industrial or warehouse uses. Built in 1998 and classified as Class B, the property features a fully fenced perimeter, ensuring security and peace of mind. Its prime location provides direct access to I-69C, facilitating seamless transportation and logistics. The property's ample space and strategic location make it an attractive option for businesses seeking a secure, versatile, and easily accessible facility in a thriving industrial area. The entire 11,900 square feet is currently available for lease. The property's address is 1718 S 28th Ave, Edinburg, TX 78542.

• CAP approach

  CAP return

  Valuation

  6%

  $1,999,879

  6.5%

  $1,846,042

  7%

  $1,714,182

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,151,298

  Geo Method

  $5,669,932

• Alternative Use

  Use

  Valuation

  Residential

  $1,557,206

  Hospitality

  $1,426,392

  Educational

  $1,186,741

  Medical

  $1,227,555

  Retail

  $1,846,042

Location Insight

City

Edinburg

County

Hidalgo

State

Texas

Latitude

26.2822

Longitude

-98.1464

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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