0 Sugar Rd Linn, TX 78541
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.
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
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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.