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    7705 La Homa Rd Palmview, TX 78574

    For Sale
    $1,050,000

    5-Acre Lot, High Traffic Area, Huge Potential

    Property size:
    208,510 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 208,510 square foot commercial property, situated on a generous 4.79-acre lot at 7705 N La Homa Road in Palmview, Texas, presents a compelling investment opportunity. Currently operating as a successful auto parts and salvage yard, the property boasts all necessary city permits, ensuring a smooth transition for new owners. The strategic location within a high-traffic area guarantees significant visibility and accessibility, making it ideal for a diverse range of commercial ventures. The expansive lot offers ample space for expansion, redevelopment, or the construction of a new facility tailored to specific business needs. This property is perfectly positioned to capitalize on the growing commercial landscape of Palmview. The existing infrastructure, coupled with the substantial land area, provides a solid foundation for immediate occupancy or ambitious future development plans. The asking price of $1,050,000 represents an attractive entry point into the thriving Palmview market. Don't miss this chance to acquire a prime commercial property with exceptional potential for growth and profitability. Serious inquiries are encouraged.

    Property Features for 7705 La Homa Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    208,510 SF
    Lot Size
    208,652 SF

    Building Details

    Year Built
    2004
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmview
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.34898
    Latitude
    26.31277

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    FAQs

    What type of property is this?
    Commercial real estate - 5-Acre Lot, High Traffic Area, Huge Potential
    Where is this commercial real estate located?
    The property is located at 7705 La Homa Rd Palmview, TX.
    What is the asking price?
    The asking price for this property is $1,050,000.
    (956) 862-2964
    Request Owner's contact information
    7705 La Homa Rd Palmview, TX 78574
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    Palmview, TX 78574
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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
    7705 La Homa Rd Palmview, TX 78574
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