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13500 and 13600 Hwy 107 E State Highway 107 HWY La Blanca, TX 78558
SOLD DATE : 02/19/2025Want to know what your home might be worth? Contact us for a FREE valuation!
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 11,241 sqft
Subdivision La Blanca Village
MLS Listing ID 418712
Sold Date 02/19/25
HOA Y/N No
Year Built 1996
Annual Tax Amount $4,494
Tax Year 2023
Lot Size 0.586 Acres
Acres 0.5865
Property Sub-Type Commercial
Source Greater McAllen
Property Description
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.
Location
State TX
County Hidalgo
Zoning CO
Interior
Heating Central, Electric, Natural Gas
Cooling Central Air, Electric, Gas
Flooring Carpet, Concrete, Laminate, Tile, Vinyl
Appliance Water Heater (Programmable thermostat)
Exterior
Garage Spaces 51.0
View Y/N No
Roof Type Flat
Total Parking Spaces 51
Garage Yes
Building
Lot Description See Remarks
Faces Approximately 400 feet east of Hwy 493 on Hwy 107 in La Blanca, TX
Story 1
Structure Type Solid Masonry,Stucco
New Construction No
Others
Tax ID L056000000003700
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