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    000 Expy 83 Fwy Mission, TX 78572

    For Sale
    $1,182,869

    Prime Palmview location, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 1.429-acre commercial land parcel is situated in Palmview, Texas, on Expressway 83, boasting high traffic visibility and significant development potential. Located within the Palmview Vista Subdivision (Lot 1), this property offers a unique opportunity for various commercial ventures. The land is zoned for commercial use and priced at $19 per square foot, totaling $1,182,869. A feasibility study for self-storage units is available upon request. This site presents itself as an ideal location for a variety of uses, including but not limited to restaurants, motels, strip centers, or a storage facility. The property benefits from its position in the Palmview Development District (MDD), providing access to support and assistance from Palm Economic Development for new businesses. This is one of three available tracts within the subdivision, with a street running between them. The area is experiencing rapid growth, making this a highly attractive investment opportunity in a thriving Texas market. The property is offered for sale by owner.

    Property Features for 000 Expy 83 Fwy

    General Information

    Property type
    Land
    Lot Size
    62,247 SF

    HighLights

    • Large land parcel in a rapidly expanding Valley market.
    • Ideal for restaurant, motel, or strip center development.
    • Located in the Palmview Development District (MDD), offering business support and assistance from Palm Economic Development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3745717
    Latitude
    26.1988865

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    FAQs

    What type of property is this?
    Land - Prime Palmview location, high traffic.
    Where is this land located?
    The property is located at 000 Expy 83 Fwy Mission, TX.
    What is the asking price?
    The asking price for this property is $1,182,869.
    What are key features of this property?
    This property features: Large land parcel in a rapidly expanding Valley market.; Ideal for restaurant, motel, or strip center development.; Located in the Palmview Development District (MDD), offering business support and assistance from Palm Economic Development.
    Request Owner's contact information
    000 Expy 83 Fwy Mission, TX 78572
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    Mission, TX 78572
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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
    000 Expy 83 Fwy Mission, TX 78572
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