401 Camelot Dr Harlingen, TX 78550
This exceptional 0.847-acre commercial land parcel in Harlingen, Texas, presents a unique investment opportunity. Located at 401 Camelot Dr, 78550, this property is zoned GR - General Retail, offering significant potential for various commercial ventures. The land is priced at $18 per square foot, totaling $664,115. Its strategic location boasts excellent visibility due to its proximity to major roadways, experiencing high daily traffic counts of 37,390 vehicles on Ed Carey Dr. and 96,777 vehicles on I-69E. The property benefits from its adjacency to a soon-to-be-developed Town Place Suites by Marriott, ensuring high foot traffic and visibility. Furthermore, its location near Harlingen Medical Center, Valley Baptist Medical Center, UT RGV Regional Academic Health Center, VA Health Care Center, and numerous other medical facilities and practices creates a strong potential customer base. The surrounding area also includes various retailers in Harlingen Plaza, providing additional synergy and convenience. This prime location offers unparalleled access to a thriving community and presents a compelling opportunity for investors seeking high-traffic commercial land in a rapidly developing area of Harlingen.
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.