Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1418 Bentsen Palm Dr Palmview, TX 78574

    For Sale
    $575,000

    8.93-acre multifamily land; high-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    Exceptional investment opportunity in Palmview, Texas! This 8.93-acre property, located at 1418 Bentsen Palm Drive, presents significant potential for development. The land is situated in a high-traffic area on Bentsen Palm Drive, between the 1 and 2-mile markers, surrounded by thriving residential subdivisions and commercial businesses. The property includes a sturdy block-built home constructed in the 1980s, which could be repurposed as an office building or renovated for residential use. Its versatile nature makes it ideal for a variety of projects, including the creation of a new residential subdivision or the development of a commercial venture. The property's substantial size and prime location in Hidalgo County, Texas, zip code 78574, offer exceptional growth prospects. This is a rare chance to acquire a large parcel of land in a rapidly developing area, presenting a compelling investment opportunity for discerning buyers. The asking price is $575,000. Coordinates: Latitude 26.2449777, Longitude -98.3683859.

    Property Features for 1418 Bentsen Palm Dr

    General Information

    Property type
    Multifamily properties
    Lot Size
    388,991 SF

    HighLights

    • $575,000 asking price.
    • 8.93‑acre land parcel in Palmview, TX.
    • Multifamily property (duplex/triplex/quadruplex potential).
    • Located on Bentsen Palm Drive, high‑traffic area.
    • Existing block home suitable for conversion to office space.
    • Surrounded by new residential and commercial developments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Gym & Fitness Wholesale Shop Travel Agency Dry Cleaner

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmview
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3683859
    Latitude
    26.2449777

    Nearby Similar for Sale

    • $215,000
      256 SF

      Palmview Car Wash on Business 83

      Half-acre commercial lot with car wash on high-traffic Business 83.
      1600 E Business 83, Palmview, TX 78572
      View Details
    • $385,000
      4,462 SF

      Palmview Mixed-Use Commercial Property

      Two Homes, 0.7 Acres, Prime Location
      1200 Veterans Blvd, Palmview, TX 78572
      View Details
    • $1,800,000
      3,655 SF

      Palmview Commercial Investment Opportunity

      Prime 1.2-acre commercial property, three buildings.
      1317 Palma Vis Dr, Palmview, TX 78572
      View Details
    • $1,050,000
      208,510 SF

      Prime Palmview Commercial Land

      5-Acre Lot, High Traffic Area, Huge Potential
      7705 La Homa Rd, Palmview, TX 78574
      View Details
    • $470,000
      196 SF

      Palmview Commercial Property Investment

      High-Traffic Expressway 83 Location
      7513 Expy 83, Palmview, TX 78572
      View Details
    • $650,000
      2,109 SF

      Prime Palmview Commercial Land

      2.75 Acres, High Visibility, Endless Potential
      1041 Palma Vis Dr, Palmview, TX 78572
      View Details

    FAQs

    What type of property is this?
    Multifamily property - 8.93-acre multifamily land; high-traffic location.
    Where is this multifamily property located?
    The property is located at 1418 Bentsen Palm Dr Palmview, TX.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: $575,000 asking price.; 8.93-acre land parcel in Palmview, TX.; Multifamily property (duplex/triplex/quadruplex potential).
    Request Owner's contact information
    1418 Bentsen Palm Dr Palmview, TX 78574
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1418 Bentsen Palm Dr
    Palmview, TX 78574
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1418 Bentsen Palm Dr Palmview, TX 78574
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.