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    2908 Lincoln Ave Harlingen, TX 78552

    For Sale
    $531,910

    1.22 Acres, High-Traffic Retail Lot, $531,910

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.221-acre commercial lot, identified as APN 359835, presents a prime retail investment opportunity in Harlingen, Texas. Located at 2908 W Lincoln Ave, 78552, this property boasts a strategic position within a thriving retail center. The land is priced at $531,910, translating to a land value of $10 per square foot. Its ideal location is anchored by established national retailers including Marshall's, Hibbett Sports, Shoe Carnival, Kirkland's, Five Below, and Academy Sports & Outdoors, ensuring high visibility and significant foot traffic. This translates to a strong potential for substantial returns on investment. The lot's size offers ample space for development, making it suitable for a variety of commercial ventures. The property is situated in Cameron County and offers excellent access and visibility due to its location within a well-established retail corridor. This is a rare opportunity to acquire a highly desirable commercial lot in a rapidly growing market. The property is part of a larger development with two additional lots ranging in size from 1.22 to 2.05 acres. This presents a unique chance to secure a prime location in a bustling retail environment.

    Property Features for 2908 Lincoln Ave

    General Information

    Property type
    Land
    Lot Size
    53,187 SF

    HighLights

    • Prime location.
    • High vehicular traffic.
    • Three contiguous parcels.
    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 Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Harlingen
    County
    Cameron
    State
    Texas
    Longitude
    -97.7278305
    Latitude
    26.1821633

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    FAQs

    What type of property is this?
    Land - 1.22 Acres, High-Traffic Retail Lot, $531,910
    Where is this land located?
    The property is located at 2908 Lincoln Ave Harlingen, TX.
    What is the asking price?
    The asking price for this property is $531,910.
    What are key features of this property?
    This property features: Prime location.; High vehicular traffic.; Three contiguous parcels.
    Request Owner's contact information
    2908 Lincoln Ave Harlingen, TX 78552
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    Harlingen, TX 78552
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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
    2908 Lincoln Ave Harlingen, TX 78552
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