1601 Trenton RdEdinburg, TX 78539

  • Strip malls
  • 29,576 SF
For Lease
$21/SF/YR View listing

Property Details for 1601 Trenton Rd

Year built
2017
Lot size
2.58 AC
Property size (Sq ft)
29,576 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
C7884-00-000-0001-00
APU
C788400000000100

Description

Concord Plaza offers exceptional office space for lease in Edinburg, Texas. This Class A property consists of six single-story buildings located at 1601 W Trenton Rd, 78539, on a prominent corner lot at the intersection of Trenton Road and Sugar Road. The location boasts high visibility and significant traffic volume, making it ideal for businesses seeking strong exposure. Available spaces range from 800 to 1,887 square feet, suitable for a variety of office uses. The property is categorized as retail, office, and restaurant, although the current listing focuses on traditional office space for multiple tenants. The building lacks elevators. Concord Plaza is situated in a thriving retail corridor within Hidalgo County, benefiting from a high concentration of nearby hospitals and medical offices, ensuring a robust daytime population. This translates to a strong customer base and excellent potential for business growth. The property's strategic location and versatile space make it an attractive opportunity for businesses seeking a prime location in Edinburg.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,974,588
    6.5%
    $5,515,004
    7%
    $5,121,076
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,426,950
    Geo Method
    $16,938,778
  • Alternative Use

    Use
    Valuation
    Residential
    $4,652,112
    Hospitality
    $4,261,310
    Educational
    $3,545,360
    Medical
    $3,667,290
    Retail
    $5,515,004

Location Insight

City
Edinburg
County
Hidalgo
State
Texas
Latitude
26.2642
Longitude
-98.1852
CBSA code
32580
CBSA name
MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$94,408
$1,347,154
$2,278,343
$3,625,497
-
$1,347,154
$2,278,343
$3,625,497

FAQs

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