303 Veterans BlvdPalmview, TX 78572

  • Strip malls
  • 960 SF
For Sale
$225,000 View listing

Property Details for 303 Veterans Blvd

Year built
1998
Lot size
0.50 AC
Property size (Sq ft)
960 SF
Zone code
RS
Property type
Strip malls
Property subtype
Neighborhood centers
APN
P1750-00-000-0017-00
APU
P175000000001700

Description

This exceptional commercial property in Palmview, Texas, presents a unique investment opportunity. Situated on a half-acre lot at 303 W Veterans Boulevard, the 960-square-foot building boasts a highly desirable location directly off the expressway, ensuring maximum visibility and accessibility for any business. The property's strategic placement guarantees high traffic flow and excellent exposure to potential customers. Ample on-site parking is available, providing convenient access for both employees and clients. The versatile space is suitable for a wide variety of commercial uses, making it an ideal choice for entrepreneurs seeking to establish a new venture or for existing businesses looking to expand their operations. This property offers a compelling combination of size, location, and potential for growth within a thriving commercial area. The seller is open to considering owner financing, making this an even more attractive proposition for qualified buyers. Don't miss this chance to acquire a prime commercial property in a rapidly developing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $192,125
    6.5%
    $177,346
    7%
    $164,679
  • Comparable approach

    Method
    Valuation
    Relative Method
    $210,946
    Geo Method
    $549,812
  • Alternative Use

    Use
    Valuation
    Residential
    $149,598
    Hospitality
    $137,031
    Educational
    $114,008
    Medical
    $117,929
    Retail
    $177,346

Location Insight

City
Palmview
County
Hidalgo
State
Texas
Latitude
26.2362
Longitude
-98.3729
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
$4,628
$91,482
$79,401
$170,883
-
$91,482
$79,401
$170,883

FAQs

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