0 Expy 83 Hwy La Feria, TX 78559
This exceptional 18.82-acre commercial property, situated on the south side of Expressway 83 in La Feria, Texas, presents a remarkable investment opportunity. Zoned for mixed-use development, this expansive lot offers significant potential for a variety of commercial and residential projects. The property's strategic location along Expressway 83 ensures high visibility and convenient access. Prospective buyers are responsible for verifying the availability of utilities and for the payment of any applicable rollback taxes. A nearby lift station adds to the property's infrastructure advantages. The property is classified as a multifamily duplex/triplex/quadplex, offering flexibility in development plans. The asking price for this substantial land parcel is $1,450,000. This is a rare opportunity to acquire a large tract of land in a growing Texas community with excellent potential for future development and strong returns. The property is located in Cameron County, Texas, with the address listed as 0 Expressway 83 Highway, La Feria, TX 78559.
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
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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.