382 Bowie StSan Benito, TX 78586

  • Commercial real estate
  • 2,160 SF
For Sale
$350,000 View listing

Property Details for 382 Bowie St

Year built
1980
Lot size
0.40 AC
Property size (Sq ft)
2,160 SF
Property type
Commercial real estate
APN
57-0031-0010-0020-00
APU
5700310010002000

Description

This exceptional investment opportunity presents a mixed-use property ideally suited for owner-occupiers. Located at 382 N Bowie St, San Benito, Texas, 78586, this property comprises two buildings situated on two separate corner lots totaling 1.31 acres. The property features a 2,160 square foot office building ready for immediate occupancy and an 8,260 square foot warehouse building. The warehouse requires roof replacement. Both buildings are single-story structures built in 1950 and 1955, respectively. The combined rentable space totals 10,420 square feet, offered at $350,000, or $33.59 per square foot. The land value is assessed at $6.11 per square foot. The property boasts three road frontages, providing excellent accessibility and visibility. The property is zoned for Light Industry (LI), offering versatility for various business uses. Parcel numbers are 434096 & 434097. This prime location at the intersection of N Bowie St and W Hicks St presents a unique chance to acquire a well-positioned property in Cameron County, Texas. The property has recently been platted into two lots, with a building on each. This presents a unique opportunity for development or expansion.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $413,084
    Hospitality
    $378,382
    Educational
    $314,810
    Medical
    $325,636
    Retail
    $489,704

Location Insight

City
San Benito
County
Cameron
State
Texas
Latitude
26.1351
Longitude
-97.6315
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
$2,476
$24,874
$131,159
$156,033
-
$24,874
$131,159
$156,033

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