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    32909 Hwy Los Fresnos, TX 78566

    For Sale
    $2,492,938

    Texas Commercial Property - High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 17.67-acre commercial property, located at 32909 Hwy 100 in Los Fresnos, Texas, presents a significant investment opportunity. The property, currently occupied by Chico's Tire Shop, boasts a prime location on Hwy 100, ensuring high visibility and accessibility. Its strategic placement near a Walmart and future developments guarantees substantial foot traffic and potential for significant growth. The property itself was constructed in 1975 and is classified as Special Purpose. The asking price for this expansive tract is $2,492,938. This presents a rare chance to acquire a substantial parcel of land in a rapidly developing area of Cameron County, Texas, with the potential for diverse commercial uses. The zip code is 78566. The property's coordinates are 26.0732175 latitude and -97.4937309 longitude. The entire 17.67 acres are available for purchase, offering flexibility for large-scale development or expansion. This is an ideal location for businesses seeking high visibility and proximity to established retail and residential areas. The property's strategic location and size make it an attractive investment for both established businesses and new ventures seeking a foothold in a thriving Texas market.

    Property Features for 32909 Hwy

    General Information

    Property type
    Specialty properties

    Building Details

    Year Built
    1975
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Los Fresnos
    County
    CAMERON
    State
    Texas
    Longitude
    -97.4937309
    Latitude
    26.0732175

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    FAQs

    What type of property is this?
    Specialty property - Texas Commercial Property - High Traffic Area
    Where is this specialty property located?
    The property is located at 32909 Hwy Los Fresnos, TX.
    What is the asking price?
    The asking price for this property is $2,492,938.
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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
    32909 Hwy Los Fresnos, TX 78566
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