301 Madison AveHarlingen, TX 78550

  • Commercial real estate
  • 2,988 SF
For Sale
$325,000 View listing

Property Details for 301 Madison Ave

Year built
1918
Lot size
0.32 AC
Property size (Sq ft)
2,988 SF
Property type
Commercial real estate
APN
15-0000-0270-0110-00
APU
1500000270011000

Description

This exceptional commercial property at 301 E Madison Avenue in Harlingen, Texas, presents a unique investment opportunity. Built in 1918, this three-story building sits on a substantial 20,999.84 square foot lot. Its prime downtown location offers unparalleled convenience, situated directly across from the Harlingen activity center and benefiting from adjacent public parking. The property's classification includes both Commercial and Executive Office uses, offering flexibility for a variety of ventures. The building's rich history and architectural charm create a distinctive atmosphere, ideal for adaptive reuse. Envision this space as a renovated office building, a boutique hotel, or a high-end Airbnb. The asking price is $325,000. This property offers a blend of historical significance, prime location, and substantial size, making it an attractive prospect for discerning investors seeking a unique and versatile commercial asset in the thriving Harlingen market. The property's zoning and potential uses should be independently verified. The 78550 zip code ensures easy access to local amenities and transportation networks. This is a rare chance to acquire a piece of Harlingen's history and shape its future.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $571,124
    Hospitality
    $523,147
    Educational
    $435,252
    Medical
    $450,221
    Retail
    $677,058

Location Insight

City
Harlingen
County
Cameron
State
Texas
Latitude
26.1951
Longitude
-97.6932
CBSA code
15180
CBSA name
BROWNSVILLE-HARLINGEN, 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
2023
$2,990
$96,600
$87,025
$183,625
-
$96,600
$87,025
$183,625

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