0 Veterans Blvd San Juan, TX 78589
This exceptional 9.57-acre tract presents a remarkable investment opportunity in San Juan, Texas. Strategically located on South Veterans Boulevard, at the border of Pharr and San Juan, this property enjoys high visibility and accessibility due to significant traffic flow, particularly from the nearby Mexico border. Already rezoned for multifamily development, this land significantly reduces the time and cost associated with obtaining necessary permits. Extensive engineering work has already been completed and is available for review upon request, further streamlining the development process. The site's proximity to schools and numerous amenities enhances its appeal and potential for attracting residents. The rapidly expanding area ensures strong future growth and high demand for housing, making this a prime location for investors seeking to capitalize on the region's ongoing development boom. This is an exceptional chance to acquire a ready-to-develop parcel in a thriving market, poised for significant returns. The asking price is $1,149,000. The property's location in Hidalgo County, Texas, zip code 78589, offers easy access to major transportation routes and the vibrant economic activity of the region. This is a truly exceptional opportunity for multifamily development in a high-growth area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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