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    83 5.96 Acres La Feria, TX 78559

    For Sale
    $713,229

    Prime Commercial/Residential Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 5.96-acre tract of land presents a unique investment opportunity in the thriving La Feria, Texas market. Situated at the Northwest corner of White Ranch Road and Expressway 83, this property enjoys a strategic location at the juncture of La Feria and Harlingen, offering unparalleled access to major transportation routes and a robust local economy. The land is zoned for both commercial and residential development, providing flexibility for a wide range of projects. With a total area of 5.96 acres, this parcel offers ample space for substantial development. The asking price is $713,229, translating to a land value of $2.75 per square foot. This represents a compelling value proposition for developers seeking a prime location with significant growth potential. The property's location at the intersection of two major roadways ensures high visibility and accessibility, making it ideal for a variety of commercial ventures, including retail, office, or light industrial uses. Alternatively, the expansive acreage is well-suited for residential development, catering to the growing housing demand in the area. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a large, strategically located parcel of land in a dynamic Texas market. Don't miss out on this chance to build your next project on this exceptional property. The property is located in Cameron County, Texas, with a zip code of 78559.

    Property Features for 83 5.96 Acres

    General Information

    Property type
    Land
    Lot Size
    259,618 SF

    HighLights

    • 5.955‑acre commercial/residential tract in La Feria, TX.
    • Located at White Ranch Rd & Expressway 83, offering high visibility and accessibility.
    • Zoned for commercial and residential development, priced at $713,229 ($2.75/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    La Feria
    County
    Cameron
    State
    Texas
    Longitude
    -97.801525
    Latitude
    26.173503

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Land
    Where is this land located?
    The property is located at 83 5.96 Acres La Feria, TX.
    What is the asking price?
    The asking price for this property is $713,229.
    What are key features of this property?
    This property features: 5.955-acre commercial/residential tract in La Feria, TX.; Located at White Ranch Rd & Expressway 83, offering high visibility and accessibility.; Zoned for commercial and residential development, priced at $713,229 ($2.75/SF).
    (956) 969-8648
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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
    83 5.96 Acres La Feria, TX 78559
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