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    0000 Russell Rd Edinburg, TX 78541

    Sponsored
    For Sale
    $1,200,000

    4.73 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.73-acre commercial property in Edinburg, Texas, presents a remarkable investment opportunity. Ideally situated in Hidalgo County at 0000 W Russell Road, zip code 78541, this land boasts a prime location in a high-traffic area, offering unparalleled convenience and accessibility. Its strategic placement near schools and a rapidly expanding residential community makes it exceptionally attractive for multifamily development. The property's proximity to major roadways and transportation hubs ensures excellent connectivity. Furthermore, its location near established businesses such as UTRGV, Stripes, Starbucks, and Walmart provides significant advantages for any commercial venture. The asking price for this undeveloped land is $1,200,000. This is a rare chance to acquire a substantial parcel of land in a thriving Texas market, perfectly suited for investors and commercial developers seeking a high-growth potential investment. The property is zoned for commercial and residential use, including apartment buildings, duplexes, triplexes, and quadplexes. Don't miss this opportunity to capitalize on the burgeoning growth in Edinburg.

    Property Features for 0000 Russell Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    206,039 SF

    HighLights

    • $1,200,000 asking price.
    • 4.73‑acre land parcel in Edinburg, TX.
    • Multifamily zoning, ideal for apartment development.
    • High‑traffic location near UTRGV, major retailers, and highways.
    • Excellent investment opportunity for commercial developers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Pharmacy Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1940565
    Latitude
    26.3278415

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    FAQs

    What type of property is this?
    Multifamily property - 4.73 Acres, Prime Commercial Location
    Where is this multifamily property located?
    The property is located at 0000 Russell Rd Edinburg, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price.; 4.73-acre land parcel in Edinburg, TX.; Multifamily zoning, ideal for apartment development.
    Request Owner's contact information
    0000 Russell Rd Edinburg, TX 78541
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    Edinburg, TX 78541
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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
    0000 Russell Rd Edinburg, TX 78541
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