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    For Sale (31)

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    Residential Land in 55+ Community
    $39,000
    0.13 Acres

    Residential Land in 55+ Community

    Two adjacent lots in a senior living community for sale.

    1157 Fairway Ln, Harlingen, TX 78552
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    Residential Land in Alton, TX
    $75,000
    0.61 Acres

    Residential Land in Alton, TX

    Cleared 0.61-acre residential land near shopping and dining.

    N Eagle Pass St N, Alton, TX 78573
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    Half-Acre Lot Near Expressway
    $72,900
    0.50 Acres

    Half-Acre Lot Near Expressway

    0.5-acre lot near expressway and outlet mall in Mercedes, TX.

    San Jacinto St, Mercedes, TX 78570
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    Residential Land in Edinburg, TX
    $75,000
    0.15 Acres

    Residential Land in Edinburg, TX

    Unfinished property on a corner lot near Expressway 281.

    2711 Tassajara St, Edinburg, TX 78542
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    Residential Lot in Gated Community
    $95,000
    0.31 Acres

    Residential Lot in Gated Community

    Residential lot in Pharr Plantation with golf course views.

    601 New Orleans Cir, Pharr, TX 78577
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    Residential Lot in McAllen, TX
    $55,000
    0.05 Acres

    Residential Lot in McAllen, TX

    Build-ready lot in established neighborhood near shopping and airport.

    3106 S Rose Ellen Ln, McAllen, TX 78503
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    Half-Acre Lot in Mercedes, TX
    $77,000
    0.50 Acres

    Half-Acre Lot in Mercedes, TX

    Spacious lot for a custom-designed home with convenient amenities.

    11207 Luisa Cir N, Mercedes, TX 78570
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    Weslaco Land with Utilities
    $175,000
    4.92 Acres

    Weslaco Land with Utilities

    5-acre lot with utilities ready for development in Weslaco, TX.

    1019 Mile 14 1/2 N, Weslaco, TX 78599
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    Prime Commercial Corner Lot
    $325,000
    1.18 Acres

    Prime Commercial Corner Lot

    High-visibility 1.18-acre corner lot for commercial development.

    1520 S Bentsen Palm Dr, Palmview, TX 78572
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    Fully Leased Multi-Unit Investment Property
    $244,000
    2,414 SF

    Fully Leased Multi-Unit Investment Property

    Turnkey investment: fully leased multi-unit property in a strong rental market.

    3618 Gloria Ave, McAllen, TX 78503
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    Residential Lot in Mercedes, TX
    $39,900
    0.17 Acres

    Residential Lot in Mercedes, TX

    Vacant lot ready for residential development near shopping and schools.

    S Virginia Ave, Mercedes, TX 78570
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    Residential Land in 55+ Community
    $39,000
    0.13 Acres

    Residential Land in 55+ Community

    Two adjacent lots in a senior living community.

    1155 Fairway Ln, Harlingen, TX 78552
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    Corner Lot in Primera, TX
    $54,900
    0.31 Acres

    Corner Lot in Primera, TX

    Spacious corner lot in a growing area near retailers.

    16635 Kika De La Garza St, Primera, TX 78552
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    Income Producing Hay Field Land
    $275,000
    4.93 Acres

    Income Producing Hay Field Land

    4.92 acre income-producing hay field in Donna, Texas.

    1600 E Mile 13 N, Donna, TX 78537
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    Residential Lot in Oak Trails
    $109,000
    0.26 Acres

    Residential Lot in Oak Trails

    Spacious lot in Harlingen's newest neighborhood, ready for your dream home.

    4505 Resaca St S, Harlingen, TX 78552
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    Residential Lot in Edcouch, TX
    $125,000
    1.00 Acre

    Residential Lot in Edcouch, TX

    One-acre lot ready for building a dream home.

    10406 Crocosmia, Edcouch, TX 78538
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    Commercial Lot on Main Street
    $291,000
    0.17 Acres

    Commercial Lot on Main Street

    Prime commercial lot in Donna, TX, ideal for development.

    103 N Main St, Donna, TX 78537
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    Residential Lot in Prime Location
    $65,000
    0.16 Acres

    Residential Lot in Prime Location

    Ready-to-build lot in McAllen near shopping and restaurants.

    2112 Diaz Ave, McAllen, TX 78503
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    Prime Lot on Mile 7
    $140,000
    0.54 Acres

    Prime Lot on Mile 7

    0.5362-acre lot in Mission, TX, near schools.

    7440 W Mile 7 Rd, Mission, TX 78574
    View details
    Commercial Lot Near South Texas College
    $360,000
    1.05 Acres

    Commercial Lot Near South Texas College

    1.05-acre commercial lot with utilities and frontage.

    4000 S Cage Blvd, Pharr, TX 78577
    View details
    Prime Commercial Land on US HWY
    $335,000
    1.50 Acres

    Prime Commercial Land on US HWY

    1.5 acres of commercial land on US HWY 83.

    1925 W Us Highway 83, Rio Grande City, TX 78582
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    Residential Lot in San Benito
    $48,000
    0.11 Acres

    Residential Lot in San Benito

    Residential lot for custom home with expressway access.

    Colorado Dr, San Benito, TX 78586
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    Residential Lot in Rio Grande
    $30,000
    0.14 Acres

    Residential Lot in Rio Grande

    Residential lot in a peaceful Rio Grande City neighborhood.

    5139 Brks St, Rio Grande City, TX 78582
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    Residential Lot Near Progreso Bridge
    $45,000
    0.17 Acres

    Residential Lot Near Progreso Bridge

    Residential lot near Progreso International Bridge, ideal for building.

    1229 Veronica St, Weslaco, TX 78596
    View details
    Edinburg Fourplex Investment Opportunity
    $505,000
    4,288 SF

    Edinburg Fourplex Investment Opportunity

    Fully occupied fourplex near UTRGV in gated community.

    520 Downing Ave, Edinburg, TX 78539
    View details
    8-Acre Tract Near Expressway
    $1,150,000
    8.15 Acres

    8-Acre Tract Near Expressway

    8-acre tract ideal for residential subdivision near expressway.

    149 Pleasant Vw Dr, Weslaco, TX 78596
    View details
    Two Acre Corner Lot
    $189,000
    2.00 Acres

    Two Acre Corner Lot

    Two acre lot in Weslaco, ideal for building.

    110 Mina St, Weslaco, TX 78596
    View details
    Residential Lot in Hargill, TX
    Contact for pricing
    0.07 Acres

    Residential Lot in Hargill, TX

    Residential lot in quiet community, ideal for building a home.

    29115 Couch Ave, Hargill, TX 78549
    View details
    10 Acres Land in Mission, TX
    $380,000
    10.00 Acres

    10 Acres Land in Mission, TX

    10 acres of land with workshop and water wells.

    6659 Texan Rd, Mission, TX 78572
    View details
    Pharr, TX Corner Lot
    $199,900
    0.33 Acres

    Pharr, TX Corner Lot

    Versatile corner lot suitable for commercial or residential development.

    7405 S Saint Marie Dr, Pharr, TX 78577
    View details
    New Alamo Multifamily Investment Property
    $526,000
    5,179 SF

    New Alamo Multifamily Investment Property

    New construction, fully leased four-unit apartment complex near Expressway 83.

    849 Deluxe St, Alamo, TX 78589
    View details

    For Lease (1)

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    Versatile Commercial Space in Pharr
    $2,400 / Mo
    2,093 SF

    Versatile Commercial Space in Pharr

    Prime commercial space for lease in a high-traffic area.

    2506 S Cage Blvd, Pharr, TX 78577
    View details

    Leases and Sales on Map

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    Request Owner's contact information
    SANETI Realty Group
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    SANETI Realty Group
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