TX > San Juan > Leighann
San Juan, TX 78501,502/411 E Expressway 83 HWY E
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San Juan, TX 78501,502/411 E Expressway 83 HWY E
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Phillip Veale

Phillip Veale

VP Realty

+1956678626
Listed by Black Rock CRE
$ 6,900,000
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Active

502/411 E Expressway 83 HWY E San Juan, TX 78501

27,897 SqFt

UPDATED:

09/05/2024 05:05 PM

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 27,897 sqft

Subdivision Leighann

MLS Listing ID 448413

HOA Y/N No

Originating Board Greater McAllen

Year Built 1985

Annual Tax Amount $80,095

Tax Year 2023

Lot Size 11.020 Acres

Acres 11.02

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

Appliance Water Heater (None)

Exterior

Garage Spaces 10.0

View Y/N No

Roof Type Metal

Total Parking Spaces 10

Garage Yes

Building

Lot Description See Remarks

Faces Coming from West: Head east on I-2/Expressway 83. Take exit 149 towards Cesar Chavez Rd. Turn left at Cesar Chavez Rd. Onto W. Expressway 83 Frontage. The property will be on your right-hand side. Coming from East: Head West on I-2/Expressway 83, take exit 147-B onto W. Frontage Rd. Property will be on the right.

Story 1

Structure Type Aluminum Siding,Block

New Construction No

Others

Tax ID L390700000000100

agent

Phillip Veale

+1956678626

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502/411 E Expressway 83 HWY E