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    5402 W State Highway 107 Highway

    Mcallen, TX 78504
    • $565,000
    • STATUS: Active
    • ON SITE: 21 days
    • MLS #: 333532
    UPDATED: 67 min ago
    $565,000
    • 0
      BEDS
    • 4.87
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,720
      SQFT
    • $84
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2006
    County:
    Area:

    School Ratings & Info

    Description

    Located on 4.87 acres in the County of Hidalgo, and the extraterritorial jurisdiction (ETJ) of McAllen, 5402 State Highway 107 offers an end user or a investor an opportunity to own acreage with a 5,000 SF metal building (currently used by Alamo Fireworks), and a single family home. Alamo Fireworks would be willing to lease back the commercial building on 10 year lease for $2,583.33/month NNN, which is subject to negotiation. The home on the property has remained occupied consistently for $1,000 per month. The remaining acreage is in native brush regrowth that could be used for pasture or future development.The 5,000 Commercial building at the front of the property is entirely open concept, and could be used for retail or warehouse/light industrial purposes. There are three separate HVAC units with blowers to cool the space when the Fireworks business is open for part of the year (only about 6 weeks of the year).

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    © 2020 Greater McAllen Association of Realtors Multiple Listing Service.
    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Realty Executives Rio Grande Valley. Data last updated: 2020-06-04T18:16:31.783.
    www.mcallenrealestate.com/homes/105824712

    5402 W State Highway 107 Highway Mcallen, TX 78504

    • Price: $565,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 333532
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.87
    Acres
    6,720
    SQFT
    $84
    $/SQFT
    2006
    Built
    Neighborhood:
    John H Shary
    County:
    Hidalgo
    Area:
    Mcallen
    Property Description
    Located on 4.87 acres in the County of Hidalgo, and the extraterritorial jurisdiction (ETJ) of McAllen, 5402 State Highway 107 offers an end user or a investor an opportunity to own acreage with a 5,000 SF metal building (currently used by Alamo Fireworks), and a single family home. Alamo Fireworks would be willing to lease back the commercial building on 10 year lease for $2,583.33/month NNN, which is subject to negotiation. The home on the property has remained occupied consistently for $1,000 per month. The remaining acreage is in native brush regrowth that could be used for pasture or future development.The 5,000 Commercial building at the front of the property is entirely open concept, and could be used for retail or warehouse/light industrial purposes. There are three separate HVAC units with blowers to cool the space when the Fireworks business is open for part of the year (only about 6 weeks of the year).
    Exterior Features

    Access State Highway Carport Spaces 0.00 Exterior Siding Other Grounds Mature TreesOther Parking BlacktopOther Roof Metal

    Interior Features

    Flooring Type Concrete Office Sq Ft 0 Other Bldg Sq Ft 1720 Retail Sq Ft 5000 Warehouse Sq Ft 0 Water Heater Other

    Property Features

    Amenities Other Energy Features Other Hvac Central Poa YN No Present Use OtherRetailWarehouse Property Sub Type Commercial Reo No Site Features Outside Storage Taxes Wo Exemption 15087

    Listing by Blake Box - Broker of Aztec Realty & Investments, Llc.
    © 2020 Greater McAllen Association of Realtors Multiple Listing Service.
    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Realty Executives Rio Grande Valley. Data last updated: 2020-06-04T18:16:31.783.
     
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    Realty Executives Rio Grande Valley
    1821 N. 23rd Street Suite 203
    McAllen TX, 78501