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    Hermie Ln La Feria, TX 78559

    For Sale
    $1,199,150

    Versatile Land, Dual Access, $1.2M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 41.35-acre property presents a unique investment opportunity in La Feria, Texas. Strategically located just south of Expressway 83, this expansive land parcel offers convenient access via both Hermie Lane and Hoss Lane, situated west of Bass Boulevard. The property's versatile zoning allows for a multitude of uses, making it ideal for various commercial ventures, agricultural pursuits, or even residential development, including single-family homes or multi-family complexes. The substantial lot size provides ample space for large-scale projects or the potential for subdivision. Its prime location near Expressway 83 ensures excellent visibility and accessibility, enhancing its overall value and appeal. The asking price for this significant land holding is $1,199,150. Detailed surveys and zoning information are readily available upon request. This is a rare opportunity to acquire a substantial tract of land in a rapidly growing area of Cameron County, Texas, with the potential for significant returns. The property is located at 0 Hermie Lane, La Feria, TX 78559.

    Property Features for 0 Hermie Ln

    General Information

    Property type
    Land
    Lot Size
    1,801,206 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    La Feria
    County
    Cameron
    State
    Texas
    Longitude
    -97.8177601
    Latitude
    26.148115

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    FAQs

    What type of property is this?
    Land - Versatile Land, Dual Access, $1.2M
    Where is this land located?
    The property is located at Hermie Ln La Feria, TX.
    What is the asking price?
    The asking price for this property is $1,199,150.
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    Hermie Ln La Feria, TX 78559
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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
    Hermie Ln La Feria, TX 78559
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