1103 Raul Longoria RdSan Juan, TX 78589

Property Details for 1103 Raul Longoria Rd

Year built

1985

Lot size

0.86 AC

Property size (Sq ft)

12,762 SF

Zone code

RS

Property type

Office buildings

APN

P5000-00-008-0000-00

APU

P500000008000000

Description

This exceptional Class A office building, totaling 12,762 square feet, offers a 3,500-square-foot immediately available suite. Located in Hidalgo County on a major San Juan arterial, just two blocks from Expressway 83, this single-story, 1985-built property boasts a convenient location. The available space is perfect for a variety of uses, including medical practices, administrative offices, accounting firms, or government agencies. The suite features 15 individual offices, a spacious conference room, a fully equipped lounge and dining area, providing ample space for staff and clients. Security is enhanced with private gated parking, and a unique feature is the inclusion of a private meditation pond, offering a tranquil environment. The building is zoned commercial and is suitable for multiple tenants, with a minimum divisible space of 3,500 square feet and a maximum contiguous space of 3,500 square feet currently available. This full-service office space presents a rare opportunity in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,753,759

  6.5%

  $1,618,855

  7%

  $1,503,222

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,100,484

  Geo Method

  $2,900,420

• Alternative Use

  Use

  Valuation

  Residential

  $2,007,380

  Hospitality

  $1,838,749

  Educational

  $1,529,818

  Medical

  $1,582,430

  Retail

  $2,379,716

Location Insight

City

San Juan

County

Hidalgo

State

Texas

Latitude

26.2019

Longitude

-98.1528

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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