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    2891 Los Los Villareales, TX 78584

    For Sale
    $1,200,000

    1.29 Acre Hwy 83 Lot, $1.2M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.291-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Roma, Texas. Strategically located on Highway 83, this high-traffic area ensures maximum visibility and accessibility for any business. The property boasts a substantial lot size, offering ample space for development or expansion. Originally built in 2015 and completely remodeled the same year, the existing improvements include approximately 10,000 square feet of space, two bathrooms, two medical clinics, and a Lone Star ATM. This turnkey property is ready for immediate occupancy and presents a unique chance to establish or relocate your business in a prime location. The property's address is 2891 E US Hwy 83 Avenue #3, Roma, TX 78584, situated in Starr County. The asking price for this exceptional commercial land is $1,200,000. This is an unparalleled opportunity to capitalize on the growth and potential of this dynamic area. Don't miss out on this exceptional investment.

    Property Features for 2891 Los

    General Information

    Property type
    Land
    Lot Size
    56,236 SF

    Building Details

    Year Built
    2015
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Los Villareales
    County
    Starr
    State
    Texas
    Longitude
    -98.9907938
    Latitude
    26.5361851

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    FAQs

    What type of property is this?
    Land - 1.29 Acre Hwy 83 Lot, $1.2M
    Where is this land located?
    The property is located at 2891 Los Los Villareales, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    Request Owner's contact information
    2891 Los Los Villareales, TX 78584
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    Los Villareales, TX 78584
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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
    2891 Los Los Villareales, TX 78584
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