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    Mile 17 Rd Edinburg, TX 78541

    For Sale
    $1,044,000

    Prime Texas acreage, ideal for diverse uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 58-acre property presents a unique investment opportunity in Edinburg, Texas. Located on 0 Mile 17 Road, between Wallace Road and Macnorman Grove Drive, this expansive land parcel offers significant potential for a variety of commercial, farm, or residential developments. The asking price is $1,044,000, translating to approximately $19,206 per acre. Situated in Hidalgo County, with a 78541 zip code, the property's coordinates are 26.4718798 latitude and -98.3991424 longitude. Its versatile zoning allows for diverse uses, making it attractive to developers seeking a large-scale project in a rapidly growing area. The substantial acreage provides ample space for various ventures, from agricultural pursuits to large-scale commercial developments or a combination thereof. The strategic location offers convenient access to major roadways, enhancing its appeal for businesses and residents alike. This is a rare opportunity to acquire a significant land holding in a thriving Texas market. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property is classified as Commercial, Farm, and Residential.

    Property Features for 0 Mile 17 Rd

    General Information

    Property type
    Farms
    Lot Size
    2,526,480 SF

    HighLights

    • 58‑acre commercial, farm, and residential property in Edinburg, TX.
    • Located on 0 Mile 17 Road, between Wallace Road and Macnorman Grove Drive.
    • Asking price: $1,044,000 ($19,206/acre).
    • Hidalgo County, TX, zip code 78541.
    • Versatile zoning allows for diverse commercial, farm, or residential uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3991424
    Latitude
    26.4718798

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    FAQs

    What type of property is this?
    Farm - Prime Texas acreage, ideal for diverse uses.
    Where is this farm located?
    The property is located at Mile 17 Rd Edinburg, TX.
    What is the asking price?
    The asking price for this property is $1,044,000.
    What are key features of this property?
    This property features: 58-acre commercial, farm, and residential property in Edinburg, TX.; Located on 0 Mile 17 Road, between Wallace Road and Macnorman Grove Drive.; Asking price: $1,044,000 ($19,206/acre).
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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
    Mile 17 Rd Edinburg, TX 78541
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