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Property profile & analytics
OFF-MARKET
Land

0 ---- Old Alice Rd Olmito, TX 78526

4.25 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 4.25 ac (185,304 SF)
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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