Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    401 Palma Vis Dr Palmview, TX 78572

    For Sale
    $879,502

    1.26-acre lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1.26-acre commercial land parcel, located at 401 W. Palma Vista Drive, Lot 2, in Palmview, Texas, presents a unique investment opportunity. Situated in Hidalgo County, zip code 78572, this property offers significant potential for various commercial ventures. The lot's size provides ample space for development, aligning perfectly with Palmview's exciting growth trajectory. The city is experiencing a transformation with a new mixed-use development underway on an adjacent 8-acre site, featuring retail, office, and commercial pad sites. This development is poised to create numerous jobs and attract new businesses, further enhancing the area's appeal and increasing property values. The strategic location of this 1.26-acre lot places it at the heart of this burgeoning commercial hub, offering unparalleled access to the anticipated influx of residents and businesses. The asking price for this prime commercial land is $879,502. This represents a compelling investment opportunity in a rapidly developing Texas city. Don't miss the chance to secure a piece of Palmview's promising future. The property's coordinates are 26.2340063 latitude and -98.3745086 longitude.

    Property Features for 401 Palma Vis Dr

    General Information

    Property type
    Land
    Lot Size
    54,886 SF

    HighLights

    • 1.26‑acre commercial lot in Palmview, TX (Hidalgo County, zip code 78572) at 401 W. Palma Vista Drive, Lot 2.
    • Prime location within a rapidly growing area, adjacent to a new mixed‑use development with retail, office, and commercial pad sites.
    • Offers significant development potential for various commercial ventures.
    • Asking price: $879,502.
    • Coordinates: 26.2340063 latitude, -98.3745086 longitude.
    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
    -98.3745086
    Latitude
    26.2340063

    Nearby Similar for Sale

    • $215,000
      256 SF

      Palmview Car Wash on Business 83

      Half-acre commercial lot with car wash on high-traffic Business 83.
      1600 E Business 83, Palmview, TX 78572
      View Details
    • $385,000
      4,462 SF

      Palmview Mixed-Use Commercial Property

      Two Homes, 0.7 Acres, Prime Location
      1200 Veterans Blvd, Palmview, TX 78572
      View Details
    • $1,800,000
      3,655 SF

      Palmview Commercial Investment Opportunity

      Prime 1.2-acre commercial property, three buildings.
      1317 Palma Vis Dr, Palmview, TX 78572
      View Details
    • $1,050,000
      208,510 SF

      Prime Palmview Commercial Land

      5-Acre Lot, High Traffic Area, Huge Potential
      7705 La Homa Rd, Palmview, TX 78574
      View Details
    • $470,000
      196 SF

      Palmview Commercial Property Investment

      High-Traffic Expressway 83 Location
      7513 Expy 83, Palmview, TX 78572
      View Details
    • $650,000
      2,109 SF

      Prime Palmview Commercial Land

      2.75 Acres, High Visibility, Endless Potential
      1041 Palma Vis Dr, Palmview, TX 78572
      View Details

    FAQs

    What type of property is this?
    Land - 1.26-acre lot, ideal for development.
    Where is this land located?
    The property is located at 401 Palma Vis Dr Palmview, TX.
    What is the asking price?
    The asking price for this property is $879,502.
    What are key features of this property?
    This property features: 1.26-acre commercial lot in Palmview, TX (Hidalgo County, zip code 78572) at 401 W. Palma Vista Drive, Lot 2.; Prime location within a rapidly growing area, adjacent to a new mixed-use development with retail, office, and commercial pad sites.; Offers significant development potential for various commercial ventures.
    (956) 631-1322
    Request Owner's contact information
    401 Palma Vis Dr Palmview, TX 78572
    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.
    401 Palma Vis Dr
    Palmview, TX 78572
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    401 Palma Vis Dr Palmview, TX 78572
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.