Current Use by Public Records
- Land
Property Details for 0 Sugar Rd
- Lot size
- 8.98 lot acres
- Property type
- Land
Description
This exceptional 8.98-acre property in Edinburg, Texas, presents a remarkable investment opportunity. Located at 0 Sugar Road, 78541, this prime corner lot boasts a highly desirable location, surrounded by existing multi-family residential units and within convenient walking distance to The University of Texas - Rio Grande Valley (UTRGV). The property's strategic positioning offers significant potential for various development projects. Its proximity to UTRGV makes it particularly attractive for multi-family residential development, catering to the university's student and faculty population. Furthermore, the site's size and visibility also lend themselves to commercial retail development, providing ample space for a variety of businesses. Adding to its appeal, the University of Texas Rio Grande Valley is slated to construct a new Sports Center directly adjacent to this acreage, further enhancing its value and desirability. This presents a unique chance to capitalize on the growth and development surrounding UTRGV and create a thriving project in a vibrant community. The property is classified as "Other" under the subtype category. The asking price for this significant land parcel is $2,900,000. This is a rare opportunity to acquire a substantial tract of land in a rapidly growing area with excellent potential for significant returns.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Linn
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2869
- Latitude
- 26.4853
