3217 Alamo RdEdinburg, TX 78542

Property Details for 3217 Alamo Rd

Year built

2020

Lot size

0.53 AC

Property size (Sq ft)

1,680 SF

Property type

Office buildings

APN

D3010-02-000-0016-00

APU

D301002000001600

Description

This exceptional commercial property, situated at 3217 S Alamo Road in Edinburg, Texas, presents a remarkable investment opportunity. Boasting a generous 22,908.204 square foot lot, this 2020-built property is ideally located between Wisconsin Road and Canton Road, offering high visibility and convenient access. Previously utilized as a taqueria, the property is versatile and adaptable to a wide range of commercial ventures, including restaurants, bars, or daycare centers. The property includes a fully equipped commercial kitchen situated at the rear, ensuring a seamless transition for food-related businesses. A private restroom is also conveniently located on-site. The asking price is $255,000. This property is zoned for commercial use and offers significant potential for growth and profitability in the thriving Edinburg market. The property's prime location and existing infrastructure make it an attractive option for entrepreneurs seeking a ready-to-use space or developers looking to capitalize on a strong commercial area. The Hidalgo County location and 78542 zip code provide easy access to major transportation routes and a robust local customer base. This is a turnkey opportunity not to be missed.

• CAP approach

  CAP return

  Valuation

  6%

  $255,297

  6.5%

  $235,659

  7%

  $218,826

• Comparable approach

  Method

  Valuation

  Relative Method

  $158,750

  Geo Method

  $381,814

• Alternative Use

  Use

  Valuation

  Residential

  $292,217

  Hospitality

  $267,669

  Educational

  $222,697

  Medical

  $230,356

  Retail

  $346,418

Location Insight

City

Edinburg

County

Hidalgo

State

Texas

Latitude

26.2634

Longitude

-98.1102

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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