3514 Ingle RdEdinburg, TX 78542
- Retail space
- 660 SF
Property Details for 3514 Ingle Rd
- Year built
- 2013
- Lot size
- 0.58 AC
- Property size (Sq ft)
- 660 SF
- Property type
- Retail space
- APN
- F3925-00-000-0002-00
- APU
- F392500000000200
Description
This exceptional investment opportunity presents a 1,309 square foot commercial property ideally situated on a highly visible corner lot spanning 0.58 acres in Edinburg, Texas. Currently operating as a retail store, this property offers significant potential for a variety of commercial uses. Its prime location directly across from a community park ensures high foot traffic and excellent visibility. The building features convenient on-site septic tanks and restrooms located externally. The substantial lot size provides ample space for expansion, additional parking, or outdoor amenities. This property is ready for immediate occupancy and presents a rare chance to acquire a well-positioned commercial asset in a thriving community. The asking price is $215,000. This is an exceptional opportunity for investors seeking a strong return on investment in a desirable location. The property's current configuration as a retail space makes it easily adaptable to a range of businesses. The combination of high visibility, convenient location, and ample space makes this an attractive proposition for both established businesses and new ventures. Don't miss this chance to own a piece of Edinburg's vibrant commercial landscape.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $133,325
- 6.5%
- $123,069
- 7%
- $114,279
-
Comparable approach
- Method
- Valuation
- Relative Method
- $143,420
- Geo Method
- $377,995
-
Alternative Use
- Use
- Valuation
- Residential
- $103,814
- Hospitality
- $95,093
- Educational
- $79,116
- Medical
- $81,837
- Retail
- $123,069
Location Insight
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Latitude
- 26.3762
- Longitude
- -98.1093
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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