502/411 E Expressway 83 HWY E Active

San Juan,TX 78501

$ 5750000

- Bed

- Bath

27897 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 27,897 sqft

Price per Sqft $206

Subdivision Leighann

MLS Listing ID 448413

Year Built 1985

Annual Tax Amount $80,095

Tax Year 2023

Lot Size 11.020 Acres

Property Sub-Type Commercial

Property Description

Prime development opportunity! This expansive 11-acre property boasts 357 feet of expressway frontage, perfectly positioned in a rapidly growing area surrounded by luxury car dealerships. With high visibility and easy access from Expressway 83 and Highway 281, this site offers unlimited potential for master-planned retail development, including hotels, restaurants, shops, and even multi-family units. Ideal for visionary investors looking to capitalize on the area's booming growth and demand. Don't miss your chance to shape the future of this vibrant corridor! The Highest & Best Use "As Improved" The current improvements do contribute some value to the site at present. However, based on the value of the underlying land, the improvements contribute value on an interim basis until demand warrants redevelopment. Therefore, the highest and best use of "as improved" is for continued retail and warehouse use.

Location

State TX

County Hidalgo

Interior

Heating Central

Cooling Central Air

Flooring Concrete

Exterior

Garage Spaces 10.0

View Y/N No

Roof Type Metal

Building

Lot Description See Remarks

Story 1

Structure Type Aluminum Siding,Block

New Construction No

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