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    1041 Palma Vis Dr Palmview, TX 78572

    For Sale
    $650,000

    2.75 Acres, High Visibility, Endless Potential

    Property size:
    2,109 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional 2.75-acre commercial property in Palmview, Texas, presents a remarkable investment opportunity. Located at 1041 W Palma Vista Drive, the site boasts unparalleled visibility due to its frontage on a major thoroughfare and proximity to US Highway 83, situated conveniently between Minnesota Road and Greene Road. This high-traffic location ensures maximum exposure for any commercial venture. The property is zoned C-3 General Business, allowing for a wide range of commercial uses. Currently on the site is a 2,109 square foot brick home constructed in 1982. The expansive acreage and strategic location offer significant development potential, making it ideal for entrepreneurs and developers seeking a prominent presence in a rapidly growing area. Easy access to US Highway 83 provides excellent connectivity and accessibility for customers and employees. This property represents a rare chance to establish a thriving business in a highly desirable location with exceptional visibility and ample space for development or expansion. The possibilities are truly endless. Don't miss this opportunity to secure a prime piece of commercial real estate in Palmview.

    Property Features for 1041 Palma Vis Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,109 SF
    Lot Size
    119,790 SF

    Building Details

    Year Built
    1982
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palmview
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.38215
    Latitude
    26.23408

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    FAQs

    What type of property is this?
    Commercial real estate - 2.75 Acres, High Visibility, Endless Potential
    Where is this commercial real estate located?
    The property is located at 1041 Palma Vis Dr Palmview, TX.
    What is the asking price?
    The asking price for this property is $650,000.
    (956) 994-8900
    Request Owner's contact information
    1041 Palma Vis Dr Palmview, TX 78572
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    Realmo Value Estimation

    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.

    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.

    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
    1041 Palma Vis Dr Palmview, TX 78572
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