Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    811 North Farm To Market 493 Donna, TX

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Land available for rent in new regional power center.

    Lot size:
    1.00 Acre

    Property Features for 811 North Farm To Market 493

    General Information

    Lot size
    1.00 Acre

    We can help!

    Listing Contact
    Brian Smith
    Brian Smith
    Source: Moodyscre

    Listing Agency: Merit CRE Listing Agent: Brian Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Land For Rent in Donna

    This land is situated within a new regional power center that will encompass 250,000 square feet of retail, restaurants, and services upon completion. The location offers pads fronting Expressway 83, which experiences over 132,000 vehicles per day. It is located 1.5 miles from Weslaco and is adjacent to a high-traffic 186,000 square foot Walmart Supercenter. The property provides convenient access to Expressway 83 and FM 493 (Salinas Boulevard).
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Donna
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.05195
    Latitude
    26.1703525

    Nearby Similar for Lease

    • $1,300 /Mo
      12,798 SF

      Donna, TX Commercial Lot

      Commercial lot with office and warehouse near Business Highway 83.
      521 W Business 83, Donna, TX 78537
      View Details
    • $12,500 /Mo
      34,322 SF

      Prime Commercial Property For Lease

      Exceptional commercial property with high visibility and accessibility off Expressway 83.
      927 W Us Hwy Business 83 Fwy, Donna, TX 78537
      View Details
    • $21 SF/Yr
      1,420 SF

      Retail Building Near Schools

      Retail space with high visibility and easy access.
      510 N D Salinas Blvd, Donna, TX
      View Details
    • $22 SF/Yr
      19,847 SF

      Retail Space Near Donna High

      Retail space in high-traffic plaza near schools and major retailers.
      510 N Salinas Blvd, Donna, TX 78537
      View Details
    • Contact for pricing
      2,085 SF

      Retail Space in New Center

      Retail, restaurant, and service space in Donna, Texas.
      1814 Hwy E, Donna, TX
      View Details
    • Contact for pricing
      3,485 SF

      Downtown Donna Office Space Available

      Office building in downtown Donna, rebuilt in 2020.
      212 S Main St, Donna, TX 78537
      View Details
    • Contact for pricing
      250,000 SF

      Shops at 493: Donna, TX Retail

      Prime Retail Space in Donna, TX. High-traffic location.
      1700 Murphy Ave, Donna, TX 78537
      View Details
    • Contact for pricing

      Downtown Donna Office Building

      Modern Office, Prime Location, No Deposit!
      212 Main St, Donna, TX 78537
      View Details
    • Contact for pricing

      Downtown Donna Office Building

      Modern Office Space, Excellent Location
      212 Main St, Donna, TX 78537
      View Details

    FAQs

    What type of property is this?
    Land - Land available for rent in new regional power center.
    Where is this land located?
    The property is located at 811 North Farm To Market 493 Donna, TX.
    What are key features of this property?
    This property features: - High Traffic Location: Over 132,000 Vehicles Per Day (VPD) on Expressway 83.; - New Regional Power Center: 250,000 SF of Retail, Restaurants & Services at Completion.; - Adjacent to Walmart Supercenter: High Traffic Anchor 186,000 SF Walmart Supercenter.
    (210) 571-8000 Call to check price and availability
    Request Owner's contact information
    811 North Farm To Market 493 Donna, TX
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    811 North Farm To Market 493
    Donna, TX
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    811 North Farm To Market 493 Donna, TX
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brian Smith
    Brian Smith
    Real Estate License ID: TX-659889
    (210) 571-8000 (210) 541-2005
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!