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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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