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    2802 University Dr Edinburg, TX 78539

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    For Sale
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    Prime 10.77-acre commercial lot in Edinburg, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 10.77-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Edinburg, Texas. Located at 2802 W. University Drive, this property boasts a highly desirable Commercial zoning designation, offering a wide range of development possibilities. Its strategic location at the dominant intersection of University and McColl Roads provides unparalleled visibility and accessibility. The site directly adjoins a Lowe's store, ensuring high traffic volume and a strong retail presence in the immediate vicinity. Furthermore, the property's proximity to the University of Texas Rio Grande Valley (UTRGV), with its substantial student population of 32,000, creates a significant market for various commercial ventures. The area also features a concentration of established retailers, including Walmart, Starbucks, and H-E-B, further solidifying its commercial viability. The property is situated in Hidalgo County, Texas, with a zip code of 78539, and is conveniently located near Edinburg City Hall. This prime location, combined with its substantial acreage and favorable zoning, makes this property an ideal choice for developers seeking a high-impact commercial investment in a rapidly growing Texas market. The lot size is precisely 10.77 acres, offering ample space for a variety of development projects.

    Property Features for 2802 University Dr

    General Information

    Property type
    Land
    Lot Size
    469,141 SF

    HighLights

    • 10.77‑acre commercial land parcel in Edinburg, TX.
    • Commercially zoned.
    • Prime location at the intersection of University and McColl Roads, adjacent to Lowe's.
    • Near UTRGV (32,000 students) and Edinburg City Hall.
    • Strong retail presence nearby, including Walmart, Starbucks, and H‑E‑B.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1884949
    Latitude
    26.268255

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    FAQs

    What type of property is this?
    Land - Prime 10.77-acre commercial lot in Edinburg, TX.
    Where is this land located?
    The property is located at 2802 University Dr Edinburg, TX.
    What are key features of this property?
    This property features: 10.77-acre commercial land parcel in Edinburg, TX.; Commercially zoned.; Prime location at the intersection of University and McColl Roads, adjacent to Lowe's.
    (210) 408-6464
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    2802 University Dr Edinburg, TX 78539
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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
    2802 University Dr Edinburg, TX 78539
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