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    27188 Fm 88 Monte Alto, TX 78538

    For Sale
    $250,250

    6 Acres, 1740 SF Building, High Traffic

    Property size:
    1,740 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial property in Monte Alto, Texas, presents a unique investment opportunity. Located on high-traffic FM 88 Road, this 6.02-acre parcel boasts approximately 1030 feet of road frontage, offering significant visibility and accessibility. The property includes a 1,740 square foot block building, previously used as a restaurant serving Delta Lake Park, providing immediate income potential or redevelopment options. The land is strategically divided into two surveyed tracts: a 3.5-acre tract and a 2.5-acre tract, allowing for flexibility in development plans. The property's R1 zoning designation offers versatility for various commercial ventures, including sub-development or residential projects. Its proximity to Delta Lake further enhances its appeal and potential for attracting customers and residents. The asking price is $250,250, and the property's APN is M0150-00-046-0009-00. This prime location in Hidalgo County, Texas, with its zip code 78538, presents a rare chance to acquire a substantial commercial property with significant upside potential. The property's size and location make it ideal for a variety of uses, from expanding existing businesses to creating entirely new commercial ventures. Don't miss this chance to secure a valuable asset in a thriving Texas community.

    Property Features for 27188 Fm 88

    General Information

    Property type
    Land
    Square Feet
    1,740 SF
    Lot Size
    262,231 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Monte Alto
    County
    Hidalgo county
    State
    Texas
    Longitude
    -97.9636303
    Latitude
    26.4030052

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    FAQs

    What type of property is this?
    Land - 6 Acres, 1740 SF Building, High Traffic
    Where is this land located?
    The property is located at 27188 Fm 88 Monte Alto, TX.
    What is the asking price?
    The asking price for this property is $250,250.
    Request Owner's contact information
    27188 Fm 88 Monte Alto, TX 78538
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    Monte Alto, TX 78538
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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
    27188 Fm 88 Monte Alto, TX 78538
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