1352 1St StMission, TX 78572

Property Details for 1352 1St St

Year built

2006

Lot size

0.14 AC

Property size (Sq ft)

1,904 SF

Property type

Retail properties

Property subtype

Strip malls

APN

B4853-00-000-000N-00

APU

B485300000000N00

Description

This exceptional 1,904-square-foot Class A industrial property, built in 2006, is ideally situated at 1352 E 1st St, Ste J, Pharr, TX. The single-tenant building boasts a 20-foot ceiling height, perfect for various uses. The space currently features a 300-square-foot front office/showroom area and a 1,604-square-foot warehouse/shop space, adaptable to a wide range of businesses. Ten (10) parking spaces are available. The property includes a 10' x 10' rear bay door, a half bathroom, and additional storage. Its versatile design makes it suitable for various operations, including but not limited to electricians, plumbers, solar installers, HVAC technicians, pool service companies, auto accessory businesses, distribution centers, general warehousing, and light manufacturing. The property's strategic location is a key advantage, being just half a mile north of IH2 and directly off Bryan Rd, providing easy access to the Anzalduas International Bridge. The 0.14-acre lot is zoned C2, and the property features 240-volt power. The APN is B4853-00-000-000J-05. This is a rare opportunity to acquire a well-maintained, conveniently located industrial space in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $384,623

  6.5%

  $355,037

  7%

  $329,677

• Comparable approach

  Method

  Valuation

  Relative Method

  $413,745

  Geo Method

  $1,090,460

• Alternative Use

  Use

  Valuation

  Residential

  $299,487

  Hospitality

  $274,328

  Educational

  $228,238

  Medical

  $236,087

  Retail

  $355,037

Location Insight

City

Mission

County

Hidalgo

State

Texas

Latitude

26.204

Longitude

-98.3103

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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