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$10,000,000
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| | Gross Acres | 20 | |
| | Shape | Rectangular | |
| | Cross Street | Wisconsin Road | |
| | Market | Rio Grande Valley | |
| | Sub Market | Edinburg, Texas | |
| | Street Frontage | 660' S Closner Blvd | |
| | Corner | Yes | |
| | Electrical | Yes | |
| | Phone | Yes | |
| | Water | Yes | |
| | Sewer | Yes | |
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3307 South Closner Boulevard Edinburg, TX 78541
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Property Description
Excellent commercial property for mixed use development. Access is good via South Closner Boulevard and Wisconsin Road near South Highway 281. South Closner Boulevard connects to the city of Pharr and expressway system to the south, and the Central Business District of Edinburg to the north. A residential structure of approximately 2,926 s.f. that is 50 years old in good condition, a 2400 s.f. retail masonry building constructed in 1978 in fair condition, and other improvements not estimated to contribute to the value of the subject property. All utilities available.
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Location Description
As one of the fastest growing areas in the Rio Grande Valley, Edinburg is poised for tremendous growth over the next few years. This particular submarket is the stage for two major developments which will bring more than 1.2 million square feet of retail space, a luxury 14-story condo development, upscale hotel, and lots of restaurants to the area. The developments, the Shoppes at Rio Grande Valley and Skyview Las Palmas, are directly across the street and a few blocks from the subject property respectively.
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