920 Bridge StHidalgo, TX 78557

Property Details for 920 Bridge St

Year built

1984

Lot size

1.11 AC

Property size (Sq ft)

13,142 SF

Zone code

CO

Property type

Office buildings

APN

L0830-00-000-0012-00

APU

L083000000001200

Description

This exceptional 30,000 square foot commercial warehouse presents a compelling investment opportunity in Hidalgo, Texas. Situated on a 1.11-acre lot at 920 S Bridge Street, this multi-use property benefits from its strategic location in close proximity to the Hidalgo International Bridge and just minutes away from the McAllen Foreign Trade Zone. This prime location ensures high visibility and convenient access for businesses involved in import/export activities or those serving the bustling border region. The substantial 30,000 square feet of space offers significant flexibility for a variety of commercial uses, making it an ideal choice for businesses seeking ample storage, distribution, or manufacturing space. The property's size and location make it suitable for a range of businesses, from warehousing and distribution to light manufacturing or even potential redevelopment. The asking price of $1,270,000 reflects the significant potential return on investment offered by this well-positioned commercial property in a rapidly growing area. This is a rare opportunity to acquire a substantial commercial property in a high-demand location with excellent access to major transportation routes and international trade. Serious inquiries are encouraged to explore the possibilities this property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $2,046,780

  6.5%

  $1,889,330

  7%

  $1,754,380

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,133,250

  Geo Method

  $2,986,780

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,656,980

  Retail / Commercial

  $1,887,550

  Mixed-Use / Specialty

  $1,890,490

  Hospitality / Lodging

  $1,399,580

  Institutional / Educational

  $1,968,810

  Residential Income

  $2,303,500

  Multifamily

  $2,709,090

  Automotive / Energy

  $1,687,550

  Parking / Income-Based Land

  $572,799

  Restaurant / Food Service

  $1,003,890

  Healthcare / Senior Housing

  $1,928,750

Location Insight

City

Hidalgo

County

Hidalgo

State

Texas

Latitude

26.0982

Longitude

-98.2664

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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