This exceptional 2,673-square-foot executive office building, constructed in 2003, is situated on a 0.206-acre lot in Harlingen, Texas, at 17745 W. Expressway 83, zip code 78552. The property is zoned for commercial or retail use and offers a single-tenant occupancy. The building features a spacious open reception area, two large conference or training rooms, and several smaller private offices. A significant advantage is the inclusion of an approximately 800-square-foot drive-thru garage or small warehouse space with oversized overhead doors, ideal for various uses such as housing a mobile medical unit, sales vehicles, or a small fleet. The ample parking accommodates 14 vehicles. This free-standing building provides convenient access to Expressway 77 and Expressway 83, and is less than five minutes from local medical centers, making it an attractive option for medical practices or businesses needing proximity to healthcare facilities. The property is currently vacant and ready for immediate occupancy. Cameron County location offers a strong business environment. This versatile space is well-suited for a range of businesses, including daycare facilities, medical offices, and sales operations.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$435,937
6.5%
$402,403
7%
$373,660
Comparable approach
Method
Valuation
Relative Method
$237,012
Geo Method
$523,630
Alternative Use
Use
Valuation
Industrial / Distribution
$772,057
Retail / Commercial
$399,858
Mixed-Use / Specialty
$401,546
Hospitality / Lodging
$298,655
Office
$402,403
Institutional / Educational
$418,559
Residential Income
$489,714
Multifamily
$570,075
Automotive / Energy
$358,764
Parking / Income-Based Land
$120,729
Restaurant / Food Service
$215,492
Healthcare / Senior Housing
$408,585
Location Insight
City
Harlingen
County
Cameron
State
Texas
Latitude
26.1875
Longitude
-97.7383
CBSA code
15180
CBSA name
BROWNSVILLE-HARLINGEN, TX METROPOLITAN STATISTICAL AREA
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Expressway 83 Harlingen, TX 78552
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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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