2115 University DrEdinburg, TX 78542

Property Details for 2115 University Dr

Year built

1997

Lot size

0.42 AC

Property size (Sq ft)

2,262 SF

Zone code

CO

Property type

Auto shops

APN

S7280-01-000-0007-00

APU

S728001000000700

Description

This 2,800-square-foot single-tenant flex space, built in 1997, is ideally located on University Drive (Highway 107) in Edinburg, Texas, a rapidly growing city with over 104,000 residents. The property boasts a prime location with over 28,000 vehicles passing daily, offering excellent visibility and accessibility. The building, classified as Class B, features a fully built-out mechanic shop layout, including three drive-in service bays, ample storage space, and a dedicated office/point-of-sale area. Thirteen parking spaces are available for customers and employees. The 0.42-acre lot provides additional space and potential for expansion. This well-maintained facility is perfect for a variety of uses, including automotive repair, machine shops, or other industrial/mechanical businesses seeking a high-traffic location within a thriving retail and service hub. The property's existing infrastructure and layout offer immediate occupancy, minimizing setup time and costs for new tenants. Its strategic location on a major thoroughfare ensures high visibility and convenient access for customers. This is a rare opportunity to acquire a well-positioned commercial property in a dynamic market.

• CAP approach

  CAP return

  Valuation

  6%

  $456,942

  6.5%

  $421,793

  7%

  $391,665

• Comparable approach

  Method

  Valuation

  Relative Method

  $491,539

  Geo Method

  $1,295,494

• Alternative Use

  Use

  Valuation

  Residential

  $355,798

  Hospitality

  $325,909

  Educational

  $271,152

  Medical

  $280,478

  Retail

  $421,793

Location Insight

City

Edinburg

County

Hidalgo

State

Texas

Latitude

26.2987

Longitude

-98.1406

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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