8325 State Highway 107Edinburg, TX 78542

Property Details for 8325 State Highway 107

Year built

2020

Lot size

0.41 AC

Property size (Sq ft)

4,416 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

S0550-00-010-0011-00

APU

S055000010001100

Description

This exceptional commercial land parcel, located at 8325 E State Highway 107 #3 in Edinburg, Texas, 78542, presents a unique investment opportunity. The property boasts a generous 17,965.015 square foot lot size, providing ample space for development or expansion. Currently configured as a single-tenant property, the site offers flexibility for a variety of commercial uses. The property includes 15 parking spaces, ensuring convenient access for employees and clients. The property's address is easily accessible from State Highway 107, offering excellent visibility and convenient access for customers. The property is designated by APN S055000010001100. The existing building on the site is 800 square feet. This location in Edinburg, Texas offers a strategic advantage for businesses seeking to establish a presence in a growing market. The property's design allows for customization to suit various business needs, from individual workstations to larger meeting areas. The abundance of natural light creates a welcoming and productive work environment. This property is ideal for entrepreneurs and businesses seeking a versatile and well-located space to thrive. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Texas market.

• CAP approach

  CAP return

  Valuation

  6%

  $687,114

  6.5%

  $634,259

  7%

  $588,955

• Comparable approach

  Method

  Valuation

  Relative Method

  $396,029

  Geo Method

  $1,043,770

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,228,830

  Mixed-Use / Specialty

  $635,247

  Hospitality / Lodging

  $470,290

  Office

  $634,857

  Institutional / Educational

  $661,562

  Residential Income

  $774,027

  Multifamily

  $910,315

  Automotive / Energy

  $567,053

  Parking / Income-Based Land

  $192,473

  Restaurant / Food Service

  $337,331

  Healthcare / Senior Housing

  $648,102

Location Insight

City

Edinburg

County

Hidalgo

State

Texas

Latitude

26.2961

Longitude

-98.0729

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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