1308 Fm 493 Donna, TX 78537
This exceptional 26-acre commercial land parcel presents a unique investment opportunity in Donna, Texas. Located at 1308 S Fm 493 Street S, this property boasts a prime location along FM 493, a high-traffic thoroughfare experiencing significant growth due to the proximity of a new international bridge. The strategic location is further validated by the presence of an existing Dollar General store, a testament to the area's strong commercial viability. Originally built in 1982, this expansive tract offers significant development potential for a variety of commercial uses. The asking price has been significantly reduced to $50,000 per acre, making this an incredibly attractive proposition for discerning investors. The property's size and location, combined with the favorable market conditions, present a compelling opportunity for substantial returns. Situated in Hidalgo County, Texas, with a zip code of 78537, this property offers easy access to major transportation routes and a thriving local economy. Don't miss this chance to acquire a highly desirable commercial land asset in a rapidly developing area. The coordinates are 26.1544389 latitude and -98.0436609 longitude. This is a rare opportunity to capitalize on the growth potential of this high-traffic location.
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.