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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0BEDS
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4.87ACRES
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0BATHS
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01/2 BATHS
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6,720SQFT
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$86$/SQFT
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).
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 Jinks Realty. Data last updated: 2020-10-01T00:16:26.663.