2500 Dicker RdHidalgo, TX 78557

  • Strip malls
  • 10,748 SF
For Lease
$17.52/SF/YR View listing

Property Details for 2500 Dicker Rd

Year built
2011
Lot size
1.00 AC
Property size (Sq ft)
10,748 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
G4510-01-000-00C1-05
APU
G45100100000C105

Description

This exceptional 1,250 square foot commercial property, located at 2500 E Dicker Road in Hidalgo, Texas, presents a unique investment opportunity. Situated on a 1.138-acre lot, this single-tenant building boasts 50 parking spaces, ensuring ample convenience for clients and employees. The property's C1 zoning allows for a diverse range of uses, including office and retail spaces, medical clinics, entertainment venues, and restaurants, offering significant flexibility for potential tenants. The building itself has undergone recent remodeling, providing a move-in ready space for immediate occupancy. Its prime location at the high-traffic intersection of Dicker Road and N McColl Road guarantees excellent visibility and accessibility, making it an ideal location for businesses seeking maximum exposure. The property's address is 2500 E Dicker Road, Hidalgo, TX 78557, and its APN is G45100100000C105. This property is a single-suite building, offering a cohesive and manageable space for a variety of business ventures. The combination of its versatile zoning, convenient amenities, and strategic location makes this property a highly attractive investment prospect in the thriving Hidalgo market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,171,182
    6.5%
    $2,004,168
    7%
    $1,861,013
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,335,571
    Geo Method
    $6,155,599
  • Alternative Use

    Use
    Valuation
    Residential
    $1,690,591
    Hospitality
    $1,548,572
    Educational
    $1,288,394
    Medical
    $1,332,704
    Retail
    $2,004,168

Location Insight

City
Hidalgo
County
Hidalgo
State
Texas
Latitude
26.1272
Longitude
-98.2285
CBSA code
32580
CBSA name
MCALLEN-EDINBURG-MISSION, 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
2022
$24,791
$206,910
$784,609
$991,519
-
$206,910
$784,609
$991,519

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