Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Us-Highway77 Frontage Harlingen, TX 78552

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime TX location, 21.77 acres, redevelopment opportunity.

    Property Features for 0 Us-Highway77 Frontage

    General Information

    Property type
    Retail properties
    Lot Size
    43,560 SF

    We can help!

    Listing Contact
    Eric Led
    Eric Led

    Listing Agent: Eric Led

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 21.77-acre development opportunity in Harlingen, Texas, presents four separate parcels ideally situated at a high-visibility intersection along US-Highway 77 frontage. The property's zoning allows for mixed-use development, catering to a variety of commercial, retail, and potentially residential projects. The substantial lot size, ranging from 1 to 13 acres per parcel, offers flexibility for large-scale or phased development plans. Its strategic location ensures excellent accessibility and high visibility, making it an attractive site for businesses seeking a prominent presence in a thriving community. The property's potential for significant returns makes it an ideal investment for developers seeking a prime location in a growing Texas market. The site's proximity to existing retail establishments further enhances its appeal and potential for synergistic development. This is a rare opportunity to acquire a substantial land holding with significant development potential in a desirable location within Cameron County, Texas, zip code 78552. The property is ready for immediate redevelopment, offering a unique chance to shape the future of this dynamic area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Harlingen
    County
    Cameron
    State
    Texas
    Longitude
    -97.721292491866
    Latitude
    26.197874191439

    Nearby Similar for Sale

    • $425,000
      3,320 SF

      Harlingen Fourplex: Investment Opportunity

      Fully occupied fourplex near Expressway 83 and Harlingen Airport.
      2021 Southridge Dr, Harlingen, TX 78552
      View Details
    • $399,500
      2,600 SF

      Harlingen Commercial Office Opportunity

      Prime commercial office with great visibility and easy access.
      17745 Expressway 83 W, Harlingen, TX 78553
      View Details
    • $1,200,000
      9,180 SF

      Harlingen Freestanding Commercial Building For Sale

      9,180 SF commercial building in Harlingen, TX, available for sale.
      3809 W Business 83, Harlingen, TX 78552
      View Details
    • $250,000
      2,172 SF

      Updated Duplex in Harlingen, TX

      Updated duplex with income potential in a desirable Harlingen neighborhood.
      2518 Chuparosa Ct, Harlingen, TX 78550
      View Details
    • $400,000
      7,000 SF

      Highway Frontage Retail Opportunity

      3.5 acres with retail frontage and expansion potential.
      8469 W Business 83, Harlingen, TX 78555
      View Details
    • $340,000
      7,860 SF

      Versatile Corner Commercial Property

      7,608 SF commercial building suitable for various business uses.
      2102 N 77 Sunshine Strip, Harlingen, TX 78550
      View Details
    • $340,000
      7,860 SF

      Harlingen Commercial Property For Sale

      Corner commercial property with high visibility and operational flexibility.
      2102 N 77 Sunshine Strip, Harlingen, TX 78550
      View Details
    • $419,000
      560 SF

      Harlingen Mixed-Use Property For Sale

      Updated home with commercial potential in a prime location.
      406 Expressway 77 N, Harlingen, TX 78550
      View Details
    • $499,000
      2,368 SF

      Renovated Harlingen Office with Storage

      Move-in ready office space with storage in Harlingen, Texas.
      3202 E Grimes Rd, Harlingen, TX 78550
      View Details
    • New
      $475,000
      Pending

      Harlingen Commercial Space For Sale

      Versatile 24,000+ SF Harlingen property suitable for office, retail, warehouse.
      710-722 W Harrison Ave, Harlingen, TX 78550
      View Details
    • $200,000
      4,900 SF

      Established Restaurant Business Opportunity

      Well-established Japanese Teppanyaki restaurant business for sale in Harlingen, TX.
      901 N Ed Carey Dr, Harlingen, TX 78550
      View Details
    • $499,000
      6,912 SF

      Harlingen Six-Plex Investment Opportunity

      Six-unit multiplex in Harlingen, each unit with 2 beds/1.5 baths.
      1201 N 77 Sunshine Strip, Harlingen, TX 78550
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime TX location, 21.77 acres, redevelopment opportunity.
    Where is this retail property located?
    The property is located at Us-Highway77 Frontage Harlingen, TX.
    What are key features of this property?
    This property features: High-density development potential.; Excellent access to major roadways and public transportation.; Surrounded by strong retail amenities.
    (956) 223-0586 Call to check price and availability
    Request Owner's contact information
    Us-Highway77 Frontage Harlingen, TX 78552
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Us-Highway77 Frontage
    Harlingen, TX 78552
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Us-Highway77 Frontage Harlingen, TX 78552
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Eric Led
    Eric Led
    Real Estate License ID: 791059
    (956) 223-0586
    Learn more
    Google sign-in failed. Please try again or use another login method.