318 Arroyo BlvdLos Fresnos, TX 78566

  • Commercial real estate
  • 420 SF
For Sale
$335,000 View listing

Property Details for 318 Arroyo Blvd

Year built
1996
Lot size
0.12 AC
Property size (Sq ft)
420 SF
Zone code
C
Property type
Commercial real estate
APN
37-0000-0210-0130-00
APU
3700000210013000

Description

This exceptional commercial property, located at 318 Arroyo Blvd. in Los Fresnos, Texas, presents a unique investment opportunity. Built in 1996, this special-purpose building currently houses a thriving beauty salon and a well-established mechanic shop. The dual-use nature of the property ensures a consistent stream of potential customers, maximizing rental income or owner-operator potential. The building benefits from excellent visibility, ensuring high traffic and easy accessibility for patrons. The asking price is $335,000. The property is being sold "as is," reflecting an opportunity for immediate return on investment. A motivated seller is eager to finalize a transaction quickly. The property is situated in Cameron County, Texas, zip code 78566, offering convenient access to local amenities and a strong local economy. This turnkey operation is ideal for an investor seeking a stable, income-generating asset or an entrepreneur looking to expand their business portfolio. The property's existing tenants provide a solid foundation for continued success. Don't miss this chance to acquire a well-positioned commercial property in a growing Texas market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $95,214
    Hospitality
    $87,215
    Educational
    $72,562
    Medical
    $75,057
    Retail
    $112,874
318 Arroyo Blvd, Los Fresnos, Texas

Location Insight

City
Los Fresnos
County
Cameron
State
Texas
Latitude
26.0742
Longitude
-97.4758
CBSA code
15180
CBSA name
BROWNSVILLE-HARLINGEN, 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
2023
$1,754
$27,000
$67,911
$94,911
-
$27,000
$67,911
$94,911

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