3404 Fm 2812Edinburg, TX 78542

Property Details for 3404 Fm 2812

Year built

2006

Lot size

1.92 AC

Property size (Sq ft)

7,679 SF

Property type

Auto shops

APN

S1700-02-015-0004-50

APU

S170002015000450

Description

This exceptional commercial property, located at 3404 E FM 2812 Road in Edinburg, Texas, presents a compelling investment opportunity. The property encompasses a generous 1.92 acres of land, providing ample space for expansion or future development. The main structure is a substantial warehouse boasting over 7,000 square feet of usable space, ideal for a variety of commercial applications. With a total building size of 15,000 square feet, the property offers significant storage and operational capacity. Its strategic location offers easy access to major transportation routes, ensuring convenient logistics and accessibility for businesses. The property is priced at $800,000, representing a strong value proposition in the current market. This is an excellent opportunity for businesses seeking to establish a presence in a thriving area or for investors looking for a solid return. The combination of substantial warehouse space, ample land, and convenient location makes this property a truly attractive prospect. Don't miss this chance to acquire a versatile and well-positioned commercial asset.

• CAP approach

  CAP return

  Valuation

  6%

  $1,551,219

  6.5%

  $1,431,895

  7%

  $1,329,617

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,668,669

  Geo Method

  $4,397,920

• Alternative Use

  Use

  Valuation

  Residential

  $1,207,857

  Hospitality

  $1,106,390

  Educational

  $920,504

  Medical

  $952,161

  Retail

  $1,431,895

Location Insight

City

Edinburg

County

Hidalgo

State

Texas

Latitude

26.3799

Longitude

-98.1114

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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