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Commercial Property in La Feria, TX

BUSINESS 83 La Feria, TX 78559

Claim this Listing
For Sale
$120,000

COMMERCIAL - LA FERIA, TX

Property size:
1,250 SF
Lot size:
0.51 Acres
Price / SF:
$96/SF
Added:
May 28, 2026
Days on Market:
48
Last Refresh:
Jul 14 at 3:06 am

Property Features for BUSINESS 83

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
1,250 SF
Lot size
0.51 Acres

Building Details

Year built
1960
Floors in Building
1

Listing agent Gracie Sanchez

Listing office KELLER WILLIAMS LRGV 1313 E Washington Ave, Harlingen, TX

Listing date May 28, 2026

MLS# 29776767

Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This commercial property in La Feria, TX, presents an opportunity with excellent visibility and potential. The concrete block building is situated on a 0.51-acre lot, offering ample parking and easy access. The property, totaling 1250 square feet, is suitable for a warehouse, mechanic shop, storage facility, small business, or investment property. The open layout provides flexibility for multiple business uses. The property features a fenced entrance, a wide access area, and room for expansion. It is conveniently located with quick access to main roads and surrounding businesses. This property is an option for an owner-user or investor looking to customize the space.

Key Highlights

  • Excellent visibility and easy access.
  • Spacious lot with ample parking.
  • Flexible open layout suitable for multiple business uses.

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $16.7k $13.32
− Vacancy −$200 −$0.16
EGI $16.5k $13.16
− OpEx −$5.8k −$4.61
NOI $10.7k $8.55
1,250 SF · lease $13.32/SF/yr · vacancy 1.20% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$152.8K
$133.7K – $178.2K (±1% cap)
NOI $10,693 @ 7.0% cap · market cap 8.91%
Second Best
Warehouse
$101.4K
$88.8K – $118.4K (±1% cap)
NOI $7,101 @ 7.0% cap · market cap 5.92%
Theoretical Best
Healthcare Medical
$215.2K
$188.3K – $251.1K (±1% cap)
NOI $15,066 @ 7.0% cap · market cap 12.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

FAQs

What type of property is this?
Flex space - Commercial property with excellent visibility and potential in La Feria.
Where is this flex space located?
The property is located at BUSINESS 83 La Feria, TX.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Excellent visibility and easy access.; Spacious lot with ample parking.; Flexible open layout suitable for multiple business uses.
Contact an agent
More about this property
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