5502 Sugar RdEdinburg, TX 78539

Property Details for 5502 Sugar Rd

Year built

1982

Lot size

0.45 AC

Property size (Sq ft)

168 SF

Property type

Office buildings

APN

K2400-00-000-0071-09

APU

K240000000007109

Description

This exceptional 9.72-acre industrial land parcel in Edinburg, Texas, presents a significant investment opportunity. Located at 5502 N Sugar Road, zip code 78539, this property offers substantial development potential. The land is zoned for commercial and manufacturing uses, providing flexibility for a variety of projects. Built in 1985, all existing structures will be removed prior to sale, allowing for a clean slate for the new owner. The property's strategic location along a high-traffic corridor provides excellent visibility and accessibility, making it ideal for businesses seeking a prominent presence in the area. Its proximity to two established apartment complexes to the north further underscores the area's strong growth potential. This prime location offers easy access to Edinburg, McAllen, and Pharr, providing convenient connections to major transportation routes and a thriving regional economy. The asking price for this expansive tract is $2,000,000. All information is believed to be accurate but should be independently verified. This is a rare opportunity to acquire a large, well-located parcel in a rapidly developing area of Hidalgo County. Don't miss out on this chance to build your next venture.

• CAP approach

  CAP return

  Valuation

  6%

  $23,087

  6.5%

  $21,311

  7%

  $19,789

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,487

  Geo Method

  $38,181

• Alternative Use

  Use

  Valuation

  Residential

  $26,425

  Hospitality

  $24,205

  Educational

  $20,139

  Medical

  $20,831

  Retail

  $31,327

Location Insight

City

Edinburg

County

Hidalgo

State

Texas

Latitude

26.2511

Longitude

-98.1863

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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