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

    Fm 493 Aly Donna, TX 78537

    Sponsored
    For Sale
    $140,000

    Prime 2.33-acre residential lot in Donna, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    400
    This exceptional 2.33-acre parcel of land presents a remarkable opportunity for residential development or investment in the thriving city of Donna, Texas. Located at 0 FM 493 Alley, this property boasts a convenient location with easy access to N D Salinas Blvd, providing seamless connectivity to local amenities and major roadways. The expansive lot size offers ample space for a variety of residential projects, allowing for creative design and development possibilities. Situated in Hidalgo County, with a 78537 zip code, this property is ideally positioned within a dynamic community. The land's address is precisely 0 FM 493 Alley, Donna, TX. Its geographical coordinates are 26.226107 latitude and -98.0370433 longitude. The asking price for this exceptional property is $140,000. This represents a significant opportunity to acquire a substantial piece of land in a desirable location, perfect for building a dream home or undertaking a lucrative residential development venture. Don't miss this chance to secure this prime real estate in the heart of Donna. The property is classified as residential land.

    Property Features for 0 Fm 493 Aly

    General Information

    Property type
    Land
    Lot Size
    101,495 SF

    HighLights

    • 2.33‑acre residential land parcel in Donna, TX.
    • Convenient location with easy access to N D Salinas Blvd.
    • Ample space for various residential projects.
    • Hidalgo County, TX, zip code 78537.
    • Asking price: $140,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Donna
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.0370433
    Latitude
    26.226107

    Nearby Similar for Sale

    • $385,000
      5,009 SF

      Multi-Family Investment Opportunity in Donna

      Unique multi-family property featuring duplexes and residential house.
      201 N 8Th St, Donna, TX 78537
      View Details
    • $985,000
      25,636 SF

      Donna Commercial Property with Warehousing

      5-acre commercial property with office, warehouse, and rail access.
      101 N Val Verde Rd, Donna, TX 78537
      View Details
    • $1,375,000
      25.00 Acres

      Income Producing Citrus Orchard

      25-acre citrus orchard with living quarters and barns.
      492 W Trenton Rd, Donna, TX 78537
      View Details
    • New
      $680,000
      10,200 SF

      Spacious Warehouse on 4.6 Acres

      8,364 sqft warehouse with canopy, ideal for business.
      661 W Wisconsin Rd, Donna, TX 78537
      View Details
    • New
      $325,000
      2,380 SF

      Donna Commercial Suite with Drive-Thru

      Prime commercial suite with drive-thru in high-traffic location.
      605 N Main St, Donna, TX 78537
      View Details
    • $225,000
      1,440 SF

      Donna TX Triplex For Sale

      Well-built 2021 triplex near Expressway 83 with income potential.
      109 Ash St, Donna, TX 78537
      View Details
    • New
      $340,000
      Pending

      Income-Producing Homes Near Highway 83

      One-acre corner property with five income-producing homes near Tierra Santa.
      Lott Rd, Donna, TX 78537
      View Details
    • $318,000
      Pending

      Professional Plaza on Expressway 83

      Professional office plaza with 16 units and common parking.
      702 E Expy 83 Hwy, Donna, TX 78537
      View Details
    • $155,000
      6,314 SF

      Mixed-Use Property in Donna, TX

      Versatile property with residential units and commercial space.
      114 S 7Th St, Donna, TX 78537
      View Details
    • $1,800,000
      15,655 SF

      Vibrant Plaza with Upside Potential

      Vibrant plaza with rental income and growth potential in Donna.
      401 Hooks Ave, Donna, TX 78537
      View Details
    • $390,000
      1,145 SF

      Donna, TX Commercial Property

      Commercial property suitable for office or retail use in Donna.
      4559 N International Blvd, Donna, TX 78537
      View Details
    • $1,400,000
      10,023 SF

      Commercial Opportunity in Donna, Texas

      High-traffic commercial corner with endless possibilities in Donna, TX.
      655 W Business 83 Hwy W, Donna, TX 78537
      View Details

    FAQs

    What type of property is this?
    Land - Prime 2.33-acre residential lot in Donna, TX.
    Where is this land located?
    The property is located at Fm 493 Aly Donna, TX.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: 2.33-acre residential land parcel in Donna, TX.; Convenient location with easy access to N D Salinas Blvd.; Ample space for various residential projects.
    Request Owner's contact information
    Fm 493 Aly Donna, TX 78537
    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.
    Fm 493 Aly
    Donna, TX 78537
    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.

    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
    Fm 493 Aly Donna, TX 78537
    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.