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    8422 Business 77 Lyford, TX 78569

    Sponsored
    For Sale
    $500,000

    Prime 9,100 SF Retail Land, High Growth Area

    Property size:
    9,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 1.626-acre parcel of commercially zoned land in Lyford, Texas, ideally situated at 8422 Business 77 N, zip code 78569. The property boasts a substantial 9,100 square foot building constructed in 2010, perfectly suited for quick-service restaurants (QSR) or other retail ventures. Located in the dynamic Rio Grande Valley, this property benefits from a thriving commercial environment and significant growth potential. Its prominent location and ample square footage offer considerable flexibility for a variety of commercial uses. The asking price for this prime commercial land and building is $500,000. This represents a unique chance to acquire a well-established asset in a rapidly developing area, offering substantial returns for the discerning investor. The property's size and location within Willacy County, Texas, make it an attractive proposition for businesses seeking a strong foothold in the Rio Grande Valley market. This is a rare opportunity to capitalize on the ongoing expansion and economic vitality of this promising region. Don't miss this chance to secure a valuable piece of commercial real estate in a high-growth area.

    Property Features for 8422 Business 77

    General Information

    Property type
    Restaurants
    Square Feet
    9,100 SF
    Lot Size
    70,829 SF

    Building Details

    Year Built
    2010

    HighLights

    • $500,000 asking price.
    • 1.626‑acre lot, 9,100 square foot building.
    • Retail/QSR land zoned for commercial use in Lyford, TX.
    • Built in 2010.
    • Located at 8422 Business 77 N, Lyford, TX 78569.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lyford
    County
    Willacy
    State
    Texas
    Longitude
    -97.791228
    Latitude
    26.3862757

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    FAQs

    What type of property is this?
    Restaurant - Prime 9,100 SF Retail Land, High Growth Area
    Where is this restaurant located?
    The property is located at 8422 Business 77 Lyford, 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: $500,000 asking price.; 1.626-acre lot, 9,100 square foot building.; Retail/QSR land zoned for commercial use in Lyford, TX.
    Request Owner's contact information
    8422 Business 77 Lyford, TX 78569
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    Lyford, TX 78569
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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
    8422 Business 77 Lyford, TX 78569
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