4001 Business Hwy 281Edinburg, TX 78539

  • Hospitality properties
  • 63,445 SF
Off market
$4,632,792 Estimated

Property Details for 4001 Business Hwy 281

Year built
2001
Lot size
2.03 AC
Property size (Sq ft)
63,445 SF
Property type
Hospitality properties
Property subtype
Hotels
APN
G3920-00-000-0001-00
APU
G392000000000100

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,902,919
    6.5%
    $9,141,156
    7%
    $8,488,216
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,856,720
    Geo Method
    $33,884,992
  • Alternative Use

    Use
    Valuation
    Residential
    $9,979,486
    Hospitality
    $9,141,156
    Educational
    $7,605,334
    Medical
    $7,866,894
    Retail
    $11,830,520
4001 Business Hwy 281, Edinburg, Texas

Location Insight

City
Edinburg
County
Hidalgo
State
Texas
Latitude
26.2643
Longitude
-98.1732
CBSA code
32580
CBSA name
MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $3,462,040
  • Assessed land value
    $366,714
  • Assessed value
    $3,828,754
  • Tax year
    2022
  • Tax bill
    $99,701

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