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1218 N Loop 499
Harlingen, TX 78550
Retail Property For Sale

Investment Highlights

  • REA OF GROWTH - NEW MULTI-FAMILY (3) COMPLEXES - SEVERAL IN AREA
  • CLOSE PROXIMITY TO AIRPORT, PORT OF HARLINGEN, INDUSTRIAL PARK, MEDICAL CENTERS, COLLEGE
  • POSSIBILITY TO INCREASE FUTURE EARNING WITH ADDED SERVICES

Property Facts

Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,264 SF
Building Class
C
Year Built/Renovated
1999/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.59 AC
Zoning
C
Parking
30 Spaces (7.04 Spaces per 1,000 SF Leased)
Frontage
165’ on LOOP 499

Amenities

  • Corner Lot
  • Pylon Sign
  • Security System
  • Drive Thru

About 1218 N LOOP 499 , HARLINGEN, TX 78550

GREAT LOCATION! Fully operational convenience store, great corner location within ½ mile from the Valley International. Airport. The Harlingen Industrial Park is less than ½ mile from site to the south. Port of Harlingen less than 4 miles from site. TSTC (Texas State Technical College) ½ mile from site. An existing 180 unit apartment complex across Loop 499 from site, and 27 new townhomes just constructed are being leased. A new 72 apartment complex is presently under construction adjacent to the existing 180 unit, directly across from the site. LAND: 1.597 acre corner, 4 ingress/egress access points with room for expansion. Easy tractor trailer maneuvering from diesel pump as site has drive around access. BUILDING: 4,264 s.f. plus canopy over pumps const +/-1999. All recently upgraded in 2018-2019. Improvements include cashier counter, cashier office, game room, storage room, 2 ADA restrooms, kitchen area with capability to have drive thru window, seating area, camera system with 8 cameras, passport register system (2), 16 door cooler, 30+ parking. PUMPS : NEW (GILBARCO) 8- 500S PUMPS (2 HIGH FLOW DIESEL) 1 PUMP = 3 + 1 3 PUMPS = 3 + 0 (Capability to add diesel to each) Separate diesel truck island – two (2) pumps TANKS: 12,000 gal – regular 16,000 gal – ½ diesel & ½ premium NEW AUTO TANK READER (2018) – READS LEVEL OF GAS, DETECTS LEAKS, ETC. GAS CONTRACT: None, no gas contract exist Building is fully equipped, newly remodeled and upgraded (2018-1019), new LED light inside and outside, and two (2) 10- Ton HVAC units. Hard corner, strong traffic counts, increasing business via multi-family, industrial park & Port companies, call center, college, airport, etc.

Property Taxes

Property Taxes

Parcel Number
184059-0010-001000
Land Assessment
$189,133
Improvements Assessment
$529,806
Total Assessment
$718,939
  • Listing ID: 18557063

  • Date on Market: 2/18/2020

  • Last Updated:

  • Address: 1218 N Loop 499, Harlingen, TX 78550

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