Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    00 Rabb Rd La Feria, TX 78559

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    00 Rabb Rd La Feria, TX 78559

    View on Map
    • Land
    • 9.44 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 00 Rabb Rd

    Lot size
    9.44 lot acres
    Property type
    Land

    Description

    This expansive 9.435-acre parcel presents a remarkable opportunity for residential development in La Feria, Texas. Located at the northwest corner of Rabb Road and Interstate 2, this property boasts an enviable location with excellent visibility and convenient access to major transportation routes. The zoning allows for residential use, making it perfect for a variety of projects, from single-family homes to multi-family developments. The substantial lot size offers ample space for creative design and layout, accommodating a significant number of units or a large-scale residential community. The asking price is $2,995,000. Situated in Cameron County, Texas, with a zip code of 78559, this property is conveniently located near the city of La Feria. Its geographical coordinates are 26.1846483 latitude and -97.8366272 longitude. Given its size and strategic location, this land represents a compelling investment opportunity with significant potential for future growth and appreciation. Serious inquiries are encouraged to explore the possibilities of this exceptional property. The property is classified as residential land.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Feria
    County
    Cameron
    State
    Texas
    Longitude
    -97.8366
    Latitude
    26.1846

    Comparable in this City

    • Value Estimation by Request
      10.65 Acres

      Fm 506

      Land • 10.65 Acres
      0 Fm 506, La Feria, TX 78559
      View Details
    • Value Estimation by Request
      12.78 Acres

      Expy 83 Fwy

      Multifamily properties • 12.78 Acres
      0 Expy 83 Fwy, La Feria, TX 78559
      View Details
    • Value Estimation by Request
      18.23 Acres

      00 White Ranch Rd

      Multifamily properties • 18.23 Acres
      00 White Ranch Rd, La Feria, TX 78559
      View Details
    • Value Estimation by Request
      10.00 Acres

      22601 Rabb Rd

      Farms • 10.00 Acres
      22601 Rabb Rd, La Feria, TX 78559
      View Details
    • Value Estimation by Request
      19.70 Acres

      Rabb Rd

      Farms • 19.70 Acres
      0 Rabb Rd, La Feria, TX 78559
      View Details
    • Value Estimation by Request
      10.05 Acres

      2a Rabb Rd

      Land • 10.05 Acres
      2a Rabb Rd, La Feria, TX 78559
      View Details

    Similar Nearby for Sale

    • $216,000
      5.00 Acres

      Land with Small Residential Structure

      5-acre land parcel with a furnished residential structure.
      26035 Rabb Rd, La Feria, TX 78559
      View Details
    • Contact for pricing

      Land in 55+ Community

      Lot available in a 55+ community.
      27417 International, La Feria, TX 78559
      View Details
    • $325,000
      1,812 SF

      Modern La Feria Duplex Investment

      Fully leased, modern duplex in La Feria, built in 2022.
      605 W Cypress Unit A & B, La Feria, TX 78559
      View Details
    • $2,150,000
      19,372 SF

      Multifamily Investment Opportunity in La Feria

      Well-maintained multifamily property with strong occupancy rate in La Feria.
      300 Cub Cir, La Feria, TX 78559
      View Details
    • $2,100,000
      15,744 SF

      New Multifamily Community in La Feria

      New 16-unit multifamily property built in 2022 in La Feria.
      405 Lion's Villa Ave, La Feria, TX 78559
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,000 SF

      La Feria Showroom with Warehouse

      4,000 SF showroom with warehouse space in La Feria.
      305 Expressway 83, La Feria, TX 78559
      View Details
    • $15 SF/Yr
      2,620 SF

      La Feria Commercial Space Available

      Commercial space for rent in La Feria, Texas.
      2803 Expressway 83 W, La Feria, TX 78559
      View Details
    • Contact for pricing

      Former Church on Magnolia Avenue

      Former church building available for lease in La Feria.
      317 W Magnolia Ave, La Feria, TX 78559
      View Details
    • $15 SF/Yr
      66,000 SF

      La Feria Commercial Space Available

      66,000 SF business park with excellent visibility and frontage.
      2807 Expressway 83 W, La Feria, TX 78559
      View Details
    • Contact for pricing
      12,068 SF

      La Feria Showroom with Warehouse

      Showroom with warehouse space available for lease in La Feria.
      221-305 Expressway 83, La Feria, TX 78559
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    00 Rabb Rd
    La Feria, TX 78559
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    00 Rabb Rd, La Feria, TX, 78559

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!