39004 Mile 7thPenitas, TX 78576

  • Other commercial real estate
  • 8,400 SF
Off market
$787,710 Estimated

Property Details for 39004 Mile 7th

Year built
2014
Lot size
1.04 AC
Property size (Sq ft)
8,400 SF
Zone code
CO
Property type
Other commercial real estate
Property subtype
Showrooms
APN
P9279-01-000-0042-00
APU
P927901000004200

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,680,947
    6.5%
    $1,551,644
    7%
    $1,440,812
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,845,959
    Geo Method
    $4,810,852
  • Alternative Use

    Use
    Valuation
    Residential
    $1,308,870
    Hospitality
    $1,198,917
    Educational
    $997,485
    Medical
    $1,031,790
    Retail
    $1,551,644
39004 Mile 7th, Penitas, Texas

Location Insight

City
Penitas
County
Hidalgo
State
Texas
Latitude
26.3355
Longitude
-98.4444
CBSA code
32580
CBSA name
MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $469,204
  • Assessed land value
    $181,796
  • Assessed value
    $651,000
  • Tax year
    2022
  • Tax bill
    $14,150

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