205 US-83 BUS

Progreso Lakes, TX 78596

Listing ID: 161288
$850,000
For Sale
  • Lot Size Acres 1.020
  • Building Sq Ft 14,281
  • Land Sq Ft 44,431
  • Land Price per Sq Ft $19.13
Description
Highlights

  • ** Front **

  • Hard corner on signaled Business 83 intersection

  • 28 surface parking spaces (5 covered)

  • 2 grade level doors creating drive through

  • ± 6,965 total square feet

  • ± 1,396 square feet of Business 83 frontage retail

  • ± 1,725 square feet of office space



  • ± 3,844 square feet of industrial flex space

  • ** Back **

  • Fully leased

  • Multi-tenant, mixed use

  • 2 12' tall grade level, drive-through doors

  • Plenty of covered and uncovered parking spots

  • Signaled intersection


Description

**Front** This ± 6,965 sf, multi-use flex space sits on the hard corner of the signaled Business 83/Illinois Ave intersection and offers business owners built-in advertising to the over 14,000 daily commuters that pass the building each and every day. The 28 parking spots (5 of which are shaded) on the North and West provide plenty of parking for employees and customers, and the grade level doors on the East/West create a continuos drive through the industrial portion of the building. The ± 1,396 sf of frontage retail is currently leased to a karate studio, and the remaining ± 5,569 sf is currently vacant. Approximately 30% of the ± 5,569 sf is office space, with a portion on the second floor that has a view of the ± 3,844 sf of industrial/warehouse space below. Overall, the prime location and exceptional versatility of this building make it a strong candidate for both owner-users and investors alike.


**Back** This ± 7,316 industrial flex space is currently called home by two well-established businesses. ± 5,860 sf is leased to an automotive repair firm, and the remaining ± 1,456 sf is leased by a sign printing company. Of the ± 5,860 sf occupied by the car repair business, approximately 1,800 sf houses three spray booths, ± 3,700 sf is open industrial space, and ± 360 sf is centrally cooled office space. The repair shop also features two, 12' tall x 14' wide grade level doors that create a drive-through, several canopies for covered parking, and several uncovered, fenced surface parking spots. The building is perfectly suited for an owner/user in the automotive industry.


Location

Situated on the hard corner, signaled intersection of Business 83 and S Illinois Ave, this retail/office/warehouse flex space boasts excellent visibility to more than 14,000 daily commuters.

Attachments & Files
Location & Directions
Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile Radius 3-Mile Radius 5-Mile Radius
Total Population12,32553,38699,896
Population Median Age373433
Population by Age0-9 Yrs18951011119502
10-19 Yrs1689828416390
20-29 Yrs2019804115350
30-39 Yrs1130627411681
40-49 Yrs1449573310518
50-59 Yrs156251989798
60-69 Yrs110341137551
70+ Yrs148056329105
Median HH Income$37,583$38,948$34,312
Total Household Income< 24K1604542410635
25-49K77739237044
50-74K77928324427
75-99K33014282531
100-199K53619723066
200K+24249329
Highest Education LevelNo Diploma2391969020342
Diploma or GED1818753413601
Some College1765675611614
Assoc. Degree38414352365
Bachelors Degree106437985831
Higher Degree34517562416
Total Housing Units5,10020,46434,666
--Owner-Occupied2,58410,83219,308
--Renter-Occupied1,4664,9968,725
Owner-Occupied Values< 100K1748694613687
100-199K71731474351
200-299K92546968
300-399K15125177
400-499K02457
500K+114367
Total Working Age Population9,32938,00270,037
In Work Force5,21821,68539,735
Not In Work Force4,11016,31830,302
Workforce Employed4,98620,57637,404
Workforce Unemployed2321,1092,331
Civlian Workforce5,21821,68539,735
Military Workforce000
Total Households4,05015,82828,033
Family Households2,76712,30622,546
Non-Family Households1,2823,5225,487
Married Couple1,7557,89914,205
Other Family1,0124,4078,340
Married w/Child6633,6496,893
Single Male w/Child43306582
Single Female w/Child3831,9173,426

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
Hidalgo County569,463+36774,769+12870,366+10956,044

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Agent
Zachary Sunderland Agent Photo

Zachary Sunderland

Cindy Hopkins Real Estate
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