This exceptional commercial property, located at 1561 77 Sunshine Strip in Harlingen, Texas, presents a rare investment opportunity. Situated on a sizable 0.5+ acre corner lot, this property boasts an impressive 194 feet of frontage on Sunshine Strip and 193 feet on 1st Street, ensuring high visibility and accessibility. Its strategic location directly across from the Texas Department of Motor Vehicles guarantees consistent traffic flow. Built in 1950, the property is currently operating as a vehicle inspection station under a month-to-month lease expiring January 1, 2025. This provides immediate income potential while allowing for future development or repurposing. The versatility of this property makes it suitable for a wide range of commercial ventures. The asking price is $400,000. With its ideal location, substantial size, and existing income stream, this property represents a compelling investment opportunity in the thriving Harlingen market. The property's zoning and potential uses should be independently verified. The zip code is 78550, and the property is located in Cameron County.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$235,471
Hospitality
$215,691
Educational
$179,452
Medical
$185,624
Retail
$279,148
Location Insight
City
Harlingen
County
Cameron
State
Texas
Latitude
26.2076
Longitude
-97.6951
CBSA code
15180
CBSA name
BROWNSVILLE-HARLINGEN, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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