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    503 Ih2 E Expy 83 Hwy San Juan, TX 78589

    For Sale
    $4,410,000

    Prime Texas land, high-density corner location. Ideal for mixed-use development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 8.24-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of San Juan, Texas. Located at 503 (IH2) E Expressway 83 Highway, this property boasts a highly desirable corner location with convenient access to Expressway 83, providing quick and easy connectivity throughout the Rio Grande Valley. The APN is A1800-00-035-0008-11. Its strategic positioning within a high-density area makes it perfectly suited for a wide range of mixed-use developments. Envision a vibrant plaza, a multi-family residential complex, retail spaces, office buildings, an automotive dealership, storage facilities, entertainment venues, a church, or a hospitality establishment. The possibilities are extensive, catering to the growing community's diverse needs. The asking price for this exceptional property is $4,410,000. This is a rare chance to acquire a significant piece of land in a rapidly expanding market, offering substantial potential for long-term growth and return on investment. Don't miss this opportunity to become a part of San Juan's exciting future.

    Property Features for 503 Ih2 E Expy 83 Hwy

    General Information

    Property type
    Land
    Lot Size
    358,934 SF

    HighLights

    • $4,410,000 asking price.
    • 8.24‑acre commercial land parcel.
    • Located at 503 E Expressway 83 Highway, San Juan, TX 78589 (APN: A1800‑00‑035‑0008‑11).
    • High‑density corner lot with easy expressway access.
    • Ideal for mixed‑use development (plaza, multi‑family, retail, office, dealership, storage, entertainment, church, or hospitality).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    San Juan
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1537448
    Latitude
    26.1996902

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    FAQs

    What type of property is this?
    Land - Prime Texas land, high-density corner location. Ideal for mixed-use development.
    Where is this land located?
    The property is located at 503 Ih2 E Expy 83 Hwy San Juan, TX.
    What is the asking price?
    The asking price for this property is $4,410,000.
    What are key features of this property?
    This property features: $4,410,000 asking price.; 8.24-acre commercial land parcel.; Located at 503 E Expressway 83 Highway, San Juan, TX 78589 (APN: A1800-00-035-0008-11).
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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
    503 Ih2 E Expy 83 Hwy San Juan, TX 78589
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