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Specialty properties

0 4.307 Acres Parker Rd La Feria, TX 78559

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Property summary
AI-generated overview

This exceptional 4.307-acre commercial property presents a unique investment opportunity in the charming town of Santa Rosa, Texas. Located on Parker Road, with the address 4.307 Acres PARKER RD, and zip code 78559, this special-purpose land offers a blank canvas for a variety of commercial ventures. Situated in Cameron County, the property boasts a convenient location with readily accessible public water. While the property was not previously developed (Year Built: 0), the absence of existing structures allows for complete design flexibility and customization to suit your specific needs. Buyers should note that a septic tank installation will be required. The asking price for this expansive parcel is $89,900, making it an attractive proposition for developers and investors seeking a foothold in the thriving Texas market. The property's latitude and longitude coordinates are 26.1793088 and -97.8200423 respectively. This location offers significant potential for a range of commercial uses, capitalizing on the area's growth and development opportunities. The property is zoned for commercial use, providing a clear path for development. The absence of pre-existing structures minimizes upfront demolition costs, streamlining the development process and potentially accelerating return on investment. This is a rare opportunity to acquire a substantial land parcel in a desirable location at a competitive price. Don't miss out on this chance to shape the future of Santa Rosa's commercial landscape.

Property profile
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Property type Specialty properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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