$390,000
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2,100 SqFt
SOLD DATE : 04/19/2024
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,100 sqft
Subdivision Nolana Gardens
MLS Listing ID 411478
Sold Date 04/19/24
HOA Y/N No
Originating Board Greater McAllen
Year Built 1979
Annual Tax Amount $4,721
Tax Year 2021
Lot Size 6,087 Sqft
Acres 0.1398
Property Description
This commercial space at 407 W. Nolana Avenue offers a unique opportunity for investors looking to secure a property with consistent demand. The affordable price point and attractive amenities make it a sought-after location for professionals and small businesses alike. With a strong CAP Rate and a history of high occupancy, this property represents a very safe and solid investment in the current market environment.
Feel free to reach out if you need any more information or details about this property. Looking forward to helping you make a wise investment decision!
CAP Rate: 8.23%
Location
State TX
County Hidalgo
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Appliance Electric Water Heater
Exterior
Garage Spaces 12.0
View Y/N No
Roof Type Metal
Total Parking Spaces 12
Garage Yes
Building
Lot Description Strip Mall
Faces East of 10th Street; go East on Nolana pass 6th Street - Building is on south side.
Story 1
Structure Type Stucco
New Construction No
Others
Tax ID N280000000005600
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