13500 and 13600 Hwy 107 E State Highway 107 Highway

La Blanca, TX 78558 View Map $1,350,000 Schedule a Tour
Sq.Ft.11,241
Year1996
Effective Real Estate

Effective Real Estate

(956) 502-0238

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Hernan Mireles

(956) 867-4745
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Status: Active
Property Type:Commercial
MLS #:418712
Sq. Feet:11,241
On Site:38 Days
Lot Size:25,548 Sq. Ft.
County:Hidalgo
Incredible Investment Opportunity! Present your offer for this revenue-generating strip center. Listed with a stabilized cap rate of 9.4%, this property is situated in a prime retail location within a semi-rural area. Currently boasting a 90% occupancy rate and featuring lower annual property taxes, it accommodates a variety of business users such as hair salons, restaurants, nail salons, phone stores, and office spaces ideal for personal business ventures or rentals with a substantial return on investment potential. Additionally, there is an opportunity to negotiate cross-access with neighboring commercial property and a convenience store.

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$000 Monthly Payment
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Community Information

Address:13500 and 13600 Hwy 107 E State Highway 107 Highway, La Blanca, TX 78558
County:Hidalgo
Subdivision:La Blanca Village
Zip Code:78558
Condo Project:La Blanca Village

Features / Amenities

Appliances: Water Heater (Programmable thermostat)
Flooring: Carpet, Concrete, Laminate, Tile, Vinyl
Green Energy Efficient: Thermostat
Cooling Yes/No: Yes
Cooling: Central Air, Electric, Gas
Heating: Central, Electric, Natural Gas

Property Features

Lot Size: 0.59 Acres / 25,548 Sq. Ft.
Road Frontage: County Road, State Road
Road Surface: Paved Road
Zoning:CO
Directions:Approximately 400 feet east of Hwy 493 on Hwy 107 in La Blanca, TX

Tax and Financial Info

Tax Year: 2023
Tax Annual Amount: $4,494
Buyer Agency Compensation: 2.50Percentage

Schools

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13500 and 13600 Hwy 107 E State Highway 107 Highway La Blanca,  TX 78558
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13500 and 13600 Hwy 107 E State Highway 107 Highway La Blanca, TX 78558
 
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Listing Information Last Updated 7/14/2024
Listing provided courtesy of Coldwell Banker Commercial Rio Grande Valley.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Effective Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.