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    320 Highway 83 La Feria, TX 78559

    For Sale
    $210,000

    High-traffic location, motivated seller.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial property, located at 320 HWY 83 in La Feria, Texas, presents a unique investment opportunity. Built in 1960, this special purpose building is ideally situated in a high-traffic area, offering excellent visibility and accessibility. Its central location within La Feria provides convenient access to the local community and quick commutes to Expressway 83, ensuring strong potential for a variety of commercial uses. The property is priced at $210,000, reflecting a motivated seller's desire for a swift transaction. The previous use of the building was a tattoo parlor, however, its adaptable layout and prime location make it suitable for a wide range of businesses. The property's address is 320 HWY 83, La Feria, TX 78559, within Cameron County. Serious inquiries are encouraged to explore the possibilities this property offers. Bring your offers and capitalize on this prime commercial real estate opportunity in a thriving Texas community. The property's zip code is 78559.

    Property Features for 320 Highway 83

    General Information

    Property type
    Specialty properties

    Building Details

    Year Built
    1960

    HighLights

    • $210,000 asking price.
    • Special purpose property.
    • 1960 construction.
    • Located at 320 Hwy 83, La Feria, TX 78559.
    • High traffic area with convenient access to Highway 83.
    • Previously used as a tattoo parlor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Feria
    County
    CAMERON
    State
    Texas
    Longitude
    -97.8177601
    Latitude
    26.148115

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    FAQs

    What type of property is this?
    Specialty property - High-traffic location, motivated seller.
    Where is this specialty property located?
    The property is located at 320 Highway 83 La Feria, TX.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: $210,000 asking price.; Special purpose property.; 1960 construction.
    (956) 496-2034
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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
    320 Highway 83 La Feria, TX 78559
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