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    22820 Turner St San Benito, TX 78586

    For Sale
    $500,000

    8.78 Acres, Multifamily Potential, $500,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 8.78-acre property in San Benito, Texas, presents a unique investment opportunity. Located at 22820 Turner Street, in Cameron County, zip code 78586 (latitude 26.1348301, longitude -97.6611161), this multi-use land parcel is zoned for farm, residential, and commercial purposes. The property includes an existing house, sold as-is, adding immediate value or potential for redevelopment. The expansive lot size offers significant flexibility for various development projects, from expanding the existing residential structure to constructing new multifamily units or exploring commercial ventures. Given its versatile zoning and prime location in San Benito, this property is well-suited for investors seeking a high-return opportunity in a growing Texas market. The asking price is $500,000. Serious inquiries are encouraged to explore the full potential of this remarkable 8.78-acre tract. The property is classified as land and multifamily, encompassing farm, residential, commercial, and apartment building subtypes. It's a duplex/triplex/quadruplex opportunity. This is a rare chance to acquire a substantial piece of land with existing structures in a desirable Texas location.

    Property Features for 22820 Turner St

    General Information

    Property type
    Multifamily properties
    Lot Size
    382,457 SF

    HighLights

    • $500,000 asking price.
    • 8.78‑acre land parcel in San Benito, Texas.
    • Multifamily property including a house (as‑is condition).
    • Located at 22820 Turner Street, San Benito, TX 78586.
    • Property includes residential, commercial, and farm components.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    San Benito
    County
    Cameron
    State
    Texas
    Longitude
    -97.6611161
    Latitude
    26.1348301

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    FAQs

    What type of property is this?
    Multifamily property - 8.78 Acres, Multifamily Potential, $500,000
    Where is this multifamily property located?
    The property is located at 22820 Turner St San Benito, TX.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price.; 8.78-acre land parcel in San Benito, Texas.; Multifamily property including a house (as-is condition).
    Request Owner's contact information
    22820 Turner St San Benito, TX 78586
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    San Benito, TX 78586
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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
    22820 Turner St San Benito, TX 78586
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