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4001 State Highway 107

Edinburg, TX 78539
  • $6,500,000
  • STATUS: Active
  • ON SITE: 125 Days
  • MLS #: 410879
$6,500,000
  • 0
    BEDS
  • 3.95
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 46,785
    SQFT
  • $139
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2003
County:
Area:

School Ratings & Info

Description

Located on the vibrant University Drive, this unique 46,785 SF retail center, sitting on 3.95 acres of prime real estate in Edinburg, TX. Offering unparalleled value at a price of just $138.32 per SF, this pricing is cheaper than replacement cost. Investors, this is a fantastic opportunity to become part of an evolving retail corridor. This expansive retail center, priced at $6,500,000, provides added value with its flexible leasing conditions; all current leases are month-to-month. The property is predominantly an open space previously utilized as an event center by the owner, but it's worth noting it was designed to accommodate 16 - 3,000 SF units. This design lends itself to be partitioned into smaller units, making it the perfect fit for modern retail demands. This retail center offers more than just an investment; it's a blank canvas waiting for the right investor to realize its full potential. Seize the opportunity today!

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© 2023 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. Data last updated: 2023-12-07T00:17:59.267.
www.keyrealtyrgv.com/homes/142108152
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4001 State Highway 107 Edinburg, TX 78539

  • Price: $6,500,000
  • Status: Active
  • On Site: 125 Days
  • MLS #: 410879
0
Beds
0
Baths
0
½ Baths
3.95
Acres
46,785
SQFT
$139
$/SQFT
2003
Built
Neighborhood:
Mission Tile Plaza
County:
Hidalgo
Area:
Edinburg
Property Description
Located on the vibrant University Drive, this unique 46,785 SF retail center, sitting on 3.95 acres of prime real estate in Edinburg, TX. Offering unparalleled value at a price of just $138.32 per SF, this pricing is cheaper than replacement cost. Investors, this is a fantastic opportunity to become part of an evolving retail corridor. This expansive retail center, priced at $6,500,000, provides added value with its flexible leasing conditions; all current leases are month-to-month. The property is predominantly an open space previously utilized as an event center by the owner, but it's worth noting it was designed to accommodate 16 - 3,000 SF units. This design lends itself to be partitioned into smaller units, making it the perfect fit for modern retail demands. This retail center offers more than just an investment; it's a blank canvas waiting for the right investor to realize its full potential. Seize the opportunity today!
Exterior Features

Carport Spaces 0 Carport YN No Construction Materials Block Covered Spaces 227 Exterior Features Storage Garage YN Yes Grounds IrrigationLandscapedMature Trees Parking Features Blacktop Parking Total 227 Road Frontage Type State Road Road Surface Type Paved Road Roof Flat

Interior Features

Appliances Water Heater (Other) Cooling Central AirElectric Cooling YN Yes Flooring Tile Heating CentralElectric Heating YN Yes Interior Features Storage

Property Features

Association YN No Building Features Restrooms-Private Current Use Business ServiceDaycareRestaurant Green Energy Efficient Other Presently Leased YN No Property Sub Type Commercial Security Features Fire Sprinkler System Tax Annual Amount 69460 Tax Year 2022 Water Source Separate Water Meters Zoning Co

Listing by Edson Carvajal of Hanna Solutions: 956-322-4001.
© 2023 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. Data last updated: 2023-12-07T00:17:59.267.
 
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