221 Of Expy La Feria, TX 78559
This exceptional commercial property, located at 221 W Of Expressway 83 in La Feria, presents a unique investment opportunity. The 1.63-acre lot encompasses three separate parcels, each with its own legal description, offering flexibility and potential for diverse development. The property is zoned C and features a total of 70 parking spaces, catering to a substantial workforce or clientele. With a total building area of 14,100 square feet, this site is suitable for a variety of uses, including manufacturing, executive office space, warehousing, and retail. The property's single-tenant occupancy provides a streamlined management structure. The three distinct parcels are identified by the following Geo IDs: 1) MINNESOTA-TEXAS IRRIGATION LAND CO BLOCK 51 PTS20, ACRES .909 (APN: 85-5380-0510-0504-00); 2) LA FERIA - EXPRESSWAY SUBD NO V E 1/2 LOT 10 & LOT 11 (APN: 85-5382-0000-0110-00); and 3) LA FERIA - EXPRESSWAY SUBD NO V LOT 9 & W 1/2 LOT 10 (APN: 85-5382-0000-0090-00). This prime location offers excellent accessibility and visibility, making it an ideal choice for businesses seeking a strategic foothold in a thriving market. The property's size and zoning provide ample room for expansion and customization, allowing for a wide range of development possibilities.
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
Similar Nearby for Lease
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.