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    10606 Expwy 281 Edinburg, TX 78542

    For Sale
    $450,000

    Prime 1-acre lot, high traffic, I-69C access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1-acre property, located at 10606 N EXPWY 281 in Edinburg, Texas, presents a remarkable opportunity for commercial development. Situated in a prime growth area within the Rio Grande Valley (RGV), this land boasts unparalleled access to I-69C, ensuring high visibility and convenient access for businesses. The high traffic count in this area translates to significant potential for any commercial venture. All city utilities, including sewer and a large water main, are readily available or located nearby, simplifying the development process. Currently utilized for residential purposes and as a large tractor truck facility/storage area, the property's versatility is a key advantage. Its zoning allows for a variety of commercial or industrial uses, making it ideal for a wide range of businesses, including a truck business. The property's location in Hidalgo County, Texas, zip code 78542, offers easy access to major transportation routes and a thriving local economy. The asking price for this exceptional opportunity is $450,000. Don't miss this chance to secure a prime piece of land in a rapidly developing area.

    Property Features for 10606 Expwy 281

    General Information

    Property type
    Land
    Lot Size
    43,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1386391
    Latitude
    26.4035356

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    FAQs

    What type of property is this?
    Land - Prime 1-acre lot, high traffic, I-69C access.
    Where is this land located?
    The property is located at 10606 Expwy 281 Edinburg, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    Request Owner's contact information
    10606 Expwy 281 Edinburg, TX 78542
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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
    10606 Expwy 281 Edinburg, TX 78542
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