19996 Fm 1283 Mico, TX 78056
This exceptional ±2.37-acre commercial land parcel presents a unique investment opportunity in Mico, Texas. Located at 19996 FM 1283 in Medina County, this property boasts significant frontage on both FM 1283 (approximately 425 feet) and Red Wing Road (FM 371, approximately 358 feet), offering excellent visibility and accessibility. The property is zoned ETJ (Extra Territorial Jurisdiction) and is served by CPS Energy for electricity and SAWS for water and sewer. The expansive lot size allows for a variety of mixed-use development possibilities. The Medina Valley ISD serves the area. The asking price for this prime commercial land is $2,500,000. While no existing buildings are present, the property's size and location make it ideal for a wide range of commercial ventures. Its strategic location provides easy access to San Antonio, making it an attractive option for businesses seeking a blend of rural tranquility and urban proximity. Detailed site plans and development possibilities can be provided upon request. This is a rare opportunity to acquire a substantial tract of land with significant development potential in a rapidly growing area. Don't miss out on this exceptional investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.