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Property profile & analytics
OFF-MARKET
Land

0 Expy 83 Hwy La Feria, TX 78559

18.82 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 18.82 ac (819,799 SF)
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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