Mixed-Use Property with Brick
New
For Sale
$375,000
3801 W EXPRESSWAY 83, Harlingen, TX 78552
Commercial Sale, HARLINGEN, TX
Property Size1,688 SF
Lot Size1.17 Acres
Price / SF$222.16
Days on Market2
Property Features for 3801 W EXPRESSWAY 83
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
STUART PLACE SURVEY
Standard status
Active
Size
1,688 SF
Lot size
1.17 Acres
Building Details
Year built
1945
Floors in Building
1
Listing Agency:
KELLER WILLIAMS LRGV · Keller Williams Realty
(956) 423-8877
Listed By:
VICTORIA RIVAS · License #0729121
(956) 238-8392
Added: Oct 16
Last Checked: Oct 17 at 12:06AM
MLS# 29780289
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.
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Investment Insights
Based on property information with market context.
At 3801 W Expressway 83, this mixed-use property includes a 1,688-square-foot, all-brick residence built in 1945. The property also has space once occupied by a Mexican imports and antiques business, along with a distinct area used for welding operations.
The 1.17-acre corner lot fronts the Expressway 83 frontage road and has two separate entrances. The property is in Harlingen, Cameron County, Texas.
The 1.17-acre corner lot fronts the Expressway 83 frontage road and has two separate entrances. The property is in Harlingen, Cameron County, Texas.
Key Highlights
- 1.17‑acre corner lot
- 1,688‑square‑foot all‑brick residence built in 1945
- Frontage on the Expressway 83 frontage road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,091
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,820
$341.8K
Cap Rate 7%
$244,157
$244.2K
Cap Rate 9%
$189,900
$189.9K
Market Conditions
NOI Build-Up for 1,688 SF
Gross rent
$30.4K $18.00/SF
− Vacancy
−$3.0K −$1.80/SF
EGI
$27.3K $16.20/SF
− OpEx
−$10.3K −$6.07/SF
NOI
$17.1K $10.13/SF
Area
Cameron County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,820
Cap Rate 7%
$244,157
Cap Rate 9%
$189,900
Alternative Uses
Best Use
Mixed Use
$244.2K
$213.6K – $284.9K
NOI $17,091 @ 7.0% cap · market cap 4.56%
Second Best
Industrial
$112.8K
$98.7K – $131.6K
NOI $7,897 @ 7.0% cap · market cap 2.11%
Theoretical Best
Healthcare Medical
$290.6K
$254.3K – $339.1K
NOI $20,345 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
Explore this area
Business Placement
Demographics for 78552, TX
38,474
Population
16,009
Households
2.4
Avg Household Size
37
Median Age
22%
College-Educated
81%
High-School Grad
48.0 sq mi
ZIP Area
802
Density / Sq Mi
$67,183
Median Household Income
$34,571
Median Earnings
$1,054
Median Rent
$154,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A corner parcel with two points of entry fronts the Expressway 83 frontage road.
Where is this mixed-use property located?
The property is located at 3801 W EXPRESSWAY 83 Harlingen, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1.17‑acre corner lot; 1,688‑square‑foot all‑brick residence built in 1945; Frontage on the Expressway 83 frontage road
