202 Schunior StEdinburg, TX 78541

Property Details for 202 Schunior St

Year built

1952

Construction

FRAME

Lot size

0.33 AC

Property size (Sq ft)

2,478 SF

Property type

Turn key restaurants

APN

E3300-00-098-0005-00

APU

E330000098000500

Description

This exceptional commercial property at 202 W Schunior Street in Edinburg offers a unique blend of history and potential. The 2,478 square foot building, situated on a spacious 14,200.99 square foot lot, presents a rare opportunity for a variety of businesses. Previously utilized as a charming tea room, the property boasts ample space adaptable to diverse commercial uses, including but not limited to attorney offices, event planning businesses, or community centers. The single-tenant building offers convenience and flexibility. The property's zoning is designated CN. The property includes 8 parking spaces, providing ample convenience for clients and staff. Its strategic location near the University of Texas Rio Grande Valley (UTRGV) and the courthouse/polling center ensures high visibility and accessibility. The property benefits from quick access to the expressway, enhancing its appeal to a wide range of potential tenants. The property's APN is E330000098000500. This is a truly remarkable opportunity to acquire a well-positioned commercial property in a thriving Edinburg location. Don't miss this chance to own a piece of Edinburg's history and shape its future.

• CAP approach

  CAP return

  Valuation

  6%

  $500,576

  6.5%

  $462,070

  7%

  $429,065

• Comparable approach

  Method

  Valuation

  Relative Method

  $538,476

  Geo Method

  $1,419,201

• Alternative Use

  Use

  Valuation

  Residential

  $389,773

  Hospitality

  $357,030

  Educational

  $297,045

  Medical

  $307,261

  Retail

  $462,070

Location Insight

City

Edinburg

County

Hidalgo

State

Texas

Latitude

26.3083

Longitude

-98.1627

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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