444 Coma AveHidalgo, TX 78557

Property Details for 444 Coma Ave

Year built

2002

Lot size

0.32 AC

Property size (Sq ft)

7,865 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

P4500-00-010-0009-00

APU

P450000010000900

Description

This exceptional 7,865 square foot commercial property, situated on 0.32 acres at 444 E Coma Avenue in Hidalgo, Texas, presents a unique investment opportunity. The property boasts four versatile units, each adaptable to a variety of uses, including retail, service-oriented businesses, or office spaces. Its prime location on Coma Avenue ensures high visibility and accessibility, attracting significant foot traffic. The property's proximity to the U.S.-Mexico border, less than a mile away, provides unparalleled access to a large and diverse customer base, including both local residents and cross-border shoppers. This strategic location capitalizes on the consistent flow of border traffic, offering substantial potential for growth and return on investment. The flexible floor plans within each unit allow for customization to suit individual business needs, making this property an attractive option for a wide range of entrepreneurs and investors. The asking price for this exceptional commercial property is $500,000. Don't miss this chance to establish a presence in a thriving, high-growth market. This property offers a compelling combination of location, versatility, and potential for significant returns.

• CAP approach

  CAP return

  Valuation

  6%

  $1,588,793

  6.5%

  $1,466,578

  7%

  $1,361,822

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,709,087

  Geo Method

  $4,504,446

• Alternative Use

  Use

  Valuation

  Residential

  $1,237,113

  Hospitality

  $1,133,189

  Educational

  $942,800

  Medical

  $975,224

  Retail

  $1,466,578

Location Insight

City

Hidalgo

County

Hidalgo

State

Texas

Latitude

26.1068

Longitude

-98.2562

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].