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    5220 Fm 493 Donna, TX 78537

    Sponsored
    For Sale
    $249,000

    1.88 Acres, High Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 1.88-acre land parcel presents a prime development opportunity in the thriving city of Donna, Texas. Located at 5220 N Fm 493, this property boasts 133 feet of frontage on a major thoroughfare, ensuring high visibility and accessibility for any commercial or residential venture. The strategic location offers easy access to the expressway, placing it within minutes of key transportation routes. Surrounded by flourishing businesses and expanding residential communities, this area demonstrates significant growth potential. The property's 1.88-acre size provides ample space for a variety of development projects, catering to diverse needs and visions. The high traffic count on FM 493 guarantees substantial exposure, making it an ideal location for businesses seeking maximum visibility. This is a rare opportunity to acquire a strategically located parcel in a rapidly developing area, offering significant returns on investment for the discerning buyer. The property is zoned for both commercial and residential use, providing flexibility for a wide range of development possibilities. Given the current market trends and the property's advantageous location, this land presents a compelling investment opportunity with substantial upside potential. The asking price for this exceptional property is $249,000. Don't miss this chance to secure a piece of Donna's vibrant future. The property is situated in Hidalgo County, Texas, with a zip code of 78537.

    Property Features for 5220 Fm 493

    General Information

    Property type
    Land
    Lot Size
    81,893 SF

    HighLights

    • $249,000 asking price.
    • 1.88‑acre land parcel.
    • Located in Donna, TX, in Hidalgo County, zip code 78537.
    • Prime development opportunity with high traffic and visibility on FM 493.
    • 133 feet of frontage on a major road.
    • Suitable for commercial or residential development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Donna
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.0370111
    Latitude
    26.2075166

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    FAQs

    What type of property is this?
    Land - 1.88 Acres, High Traffic Location
    Where is this land located?
    The property is located at 5220 Fm 493 Donna, TX.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: $249,000 asking price.; 1.88-acre land parcel.; Located in Donna, TX, in Hidalgo County, zip code 78537.
    Request Owner's contact information
    5220 Fm 493 Donna, TX 78537
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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
    5220 Fm 493 Donna, TX 78537
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