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    ---- Old Alice Rd Olmito, TX 78526

    For Sale
    $500,000

    Prime Brownsville land, near sports park, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4.25-acre tract presents a unique investment opportunity in Brownsville, Texas. Located on Old Alice Road, this property boasts convenient proximity to the Brownsville Sports Park, offering easy access to recreational facilities and attracting a growing residential population. The land is zoned for both residential and commercial use, providing flexibility for a variety of development projects. With its dimensions of approximately 156 feet by 1197 feet, the site offers ample space for construction. The area is experiencing significant residential growth, making this property particularly attractive for developers seeking to capitalize on the increasing demand for housing. Its strategic location also places it within walking distance of the sports park and a short drive from a variety of restaurants and shopping centers, enhancing its appeal and potential for future development. The asking price for this remarkable property is $500,000. This represents a compelling investment opportunity in a rapidly developing area of Brownsville. The property's size, zoning, and location combine to create a highly desirable asset with significant potential for future appreciation. The property is situated in Cameron County, Texas, with a zip code of 78526.

    Property Features for 0 ---- Old Alice Rd

    General Information

    Property type
    Land
    Lot Size
    185,304 SF

    HighLights

    • 4.25‑acre tract in Brownsville, Texas.
    • Located on Old Alice Road, near Brownsville Sports Park.
    • Zoned for residential and commercial use.
    • Approximately 156' x 1197' lot.
    • Asking price: $500,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Olmito
    County
    Cameron
    State
    Texas
    Longitude
    -97.512331
    Latitude
    26.0229998

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    FAQs

    What type of property is this?
    Land - Prime Brownsville land, near sports park, ideal for development.
    Where is this land located?
    The property is located at ---- Old Alice Rd Olmito, TX.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: 4.25-acre tract in Brownsville, Texas.; Located on Old Alice Road, near Brownsville Sports Park.; Zoned for residential and commercial use.
    Request Owner's contact information
    ---- Old Alice Rd Olmito, TX 78526
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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
    ---- Old Alice Rd Olmito, TX 78526
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