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505 Texas 100 3,080 SF Retail Building Port Isabel, TX 78578 $399,000 ($129.55/SF)
INVESTMENT HIGHLIGHTS
- Freestanding building.
- Numerous Use Types.
- High-Traffic Corridor.
EXECUTIVE SUMMARY
Introducing a prime opportunity for retail investment in the sought-after Rio Grande Valley area. This well-maintained 3,080 SF Free Standing Building offers substantial potential for a wide range of retail ventures, including Medical, Office or Retail. Renovated in 2017, this property features modern amenities and a well-designed layout to accommodate various retail concepts. With its ideal location and commercial zoning, this property is perfectly positioned to capitalize on the area's thriving commercial landscape. Built in 1996, this single-unit property presents a lucrative investment prospect for those seeking a prime retail asset in this dynamic market.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
3,080 SF
Building Class
B
Year Built/Renovated
1996/2017
Price
$399,000
Price Per SF
$129.55
Tenancy
Single
Building Height
1 Story
Building FAR
0.62
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Parking
8 Spaces (2.6 Spaces per 1,000 SF Leased)
Frontage
75’ on HIGHWAY 100
AMENITIES
- Corner Lot
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 727500-1700-005000 | Improvements Assessment | $115,217 |
| Land Assessment | $19,220 | Total Assessment | $134,437 |
PROPERTY TAXES
Parcel Number
727500-1700-005000
Land Assessment
$19,220
Improvements Assessment
$115,217
Total Assessment
$134,437
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505 Texas 100
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