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    401 Camelot Dr Harlingen, TX 78550

    Sponsored
    For Sale
    $664,115

    Prime Retail Land, High Traffic Area, Texas

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 0.847-acre commercial land parcel in Harlingen, Texas, presents a unique investment opportunity. Located at 401 Camelot Dr, 78550, this property is zoned GR - General Retail, offering significant potential for various commercial ventures. The land is priced at $18 per square foot, totaling $664,115. Its strategic location boasts excellent visibility due to its proximity to major roadways, experiencing high daily traffic counts of 37,390 vehicles on Ed Carey Dr. and 96,777 vehicles on I-69E. The property benefits from its adjacency to a soon-to-be-developed Town Place Suites by Marriott, ensuring high foot traffic and visibility. Furthermore, its location near Harlingen Medical Center, Valley Baptist Medical Center, UT RGV Regional Academic Health Center, VA Health Care Center, and numerous other medical facilities and practices creates a strong potential customer base. The surrounding area also includes various retailers in Harlingen Plaza, providing additional synergy and convenience. This prime location offers unparalleled access to a thriving community and presents a compelling opportunity for investors seeking high-traffic commercial land in a rapidly developing area of Harlingen.

    Property Features for 401 Camelot Dr

    General Information

    Property type
    Land
    Lot Size
    36,895 SF

    HighLights

    • $664,115 asking price for 0.847 acres of commercial land.
    • General Retail (GR) zoning.
    • $18/SF land value.
    • Located at 401 Camelot Dr, Harlingen, TX 78550, near Harlingen Medical Center, Valley Baptist Medical Center, and Harlingen Plaza.
    • Excellent expressway visibility with high traffic counts on Ed Carey Dr. and I‑69E.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Harlingen
    County
    Cameron
    State
    Texas
    Longitude
    -97.676919288952
    Latitude
    26.161465013635

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    FAQs

    What type of property is this?
    Land - Prime Retail Land, High Traffic Area, Texas
    Where is this land located?
    The property is located at 401 Camelot Dr Harlingen, TX.
    What is the asking price?
    The asking price for this property is $664,115.
    What are key features of this property?
    This property features: $664,115 asking price for 0.847 acres of commercial land.; General Retail (GR) zoning.; $18/SF land value.
    Request Owner's contact information
    401 Camelot Dr Harlingen, TX 78550
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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
    401 Camelot Dr Harlingen, TX 78550
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