1117 Tyler AveHarlingen, TX 78550

Property Details for 1117 Tyler Ave

Year built

1985

Lot size

0.16 AC

Property size (Sq ft)

1,290 SF

Property type

Commercial real estate

APN

17-9650-0010-0080-00

APU

1796500010008000

Description

This exceptional special-purpose property, located at 1117 Tyler Ave. in Harlingen, Texas, presents a fantastic investment opportunity. Built in 1985, this building is ideally suited for a variety of retail uses, including a beauty shop or office space. The asking price is $165,000. Its prime location offers easy access to Highway 77 and numerous restaurants, ensuring high visibility and convenient access for customers. A significant advantage is the ample parking located at the rear of the building, providing convenient parking for patrons and employees. The property boasts a generous lot size of 50 feet by 140 feet, offering flexibility for expansion or outdoor use. The property's versatility makes it an attractive option for entrepreneurs seeking a well-situated commercial space in a thriving Texas community. The address is 1117 Tyler Ave., Harlingen, TX 78550. This is a rare opportunity to acquire a well-positioned commercial property in a high-traffic area with excellent parking. The property's location in Cameron County, Texas, provides easy access to major roadways and local amenities. Don't miss this chance to own a piece of Harlingen's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $244,157

  6.5%

  $225,376

  7%

  $209,278

• Comparable approach

  Method

  Valuation

  Relative Method

  $132,740

  Geo Method

  $293,178

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $432,403

  Retail / Commercial

  $223,948

  Mixed-Use / Specialty

  $224,895

  Hospitality / Lodging

  $167,270

  Office

  $225,376

  Institutional / Educational

  $234,423

  Residential Income

  $274,275

  Multifamily

  $319,278

  Automotive / Energy

  $200,934

  Parking / Income-Based Land

  $67,616.10

  Restaurant / Food Service

  $120,693

  Healthcare / Senior Housing

  $228,836

Location Insight

City

Harlingen

County

Cameron

State

Texas

Latitude

26.1899

Longitude

-97.6838

CBSA code

15180

CBSA name

BROWNSVILLE-HARLINGEN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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