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Property profile & analytics
OFF-MARKET
Land

285 Rice St Falfurrias, TX 78355

Property ID
Property summary
AI-generated overview

This exceptional 33,541.2 square foot lot in Falfurrias, Texas, presents a rare investment opportunity. Located at 285 E Rice Street, this property offers a unique blend of commercial and residential potential. The land comprises multiple lots sold together, providing ample space for a variety of projects. Its prime location offers convenient access to Highway 281 and is situated near several established businesses, including McDonald's, Subway, and 7-Eleven, ensuring high visibility and accessibility. The property includes existing storage buildings and expansive open space, allowing for flexible usage and customization to suit individual needs. Whether you envision a commercial venture or a large-scale residential development, this property provides the space and strategic location to bring your vision to life. The asking price is $99,000, making it an attractive proposition for investors seeking a high-return opportunity in a thriving Texas community. The property's zoning allows for both commercial and residential uses, offering unparalleled flexibility and potential for significant future appreciation. This is a truly unique opportunity to acquire a substantial parcel of land in a desirable location with excellent access to key amenities and transportation routes. Don't miss out on this chance to secure a piece of Falfurrias's promising future. The property is located in Brooks County, Texas, zip code 78355.

Property profile
Verified
Property type Land
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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