0 ---- Old Alice Rd Olmito, TX 78526
This exceptional 4.25-acre tract presents a unique investment opportunity in Brownsville, Texas. Located on Old Alice Road, this property boasts convenient proximity to the Brownsville Sports Park, offering easy access to recreational facilities and attracting a growing residential population. The land is zoned for both residential and commercial use, providing flexibility for a variety of development projects. With its dimensions of approximately 156 feet by 1197 feet, the site offers ample space for construction. The area is experiencing significant residential growth, making this property particularly attractive for developers seeking to capitalize on the increasing demand for housing. Its strategic location also places it within walking distance of the sports park and a short drive from a variety of restaurants and shopping centers, enhancing its appeal and potential for future development. The asking price for this remarkable property is $500,000. This represents a compelling investment opportunity in a rapidly developing area of Brownsville. The property's size, zoning, and location combine to create a highly desirable asset with significant potential for future appreciation. The property is situated in Cameron County, Texas, with a zip code of 78526.
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.