802 Tx-499 Loop Harlingen, TX 78550
This exceptional 3-acre property, located at 802 TX-499 Loop in Harlingen, Texas (zip code 78550), presents a remarkable opportunity for commercial or residential development. Zoned C, this land offers two available lots perfect for new construction. Lot B is suitable for a building of approximately 4,000 square feet, while the larger Lot D, spanning approximately 1.57 acres, is zoned for multi-family residential use and could also accommodate office development or townhouses. The property boasts strong co-tenancy with established businesses including WellMed, Rio Vista Dental, and Members First Credit Union, ensuring high visibility and potential synergy. Shared parking and access are provided for the development. This is a fantastic opportunity to build in a thriving area. Note that the development is subject to Covenants, Conditions, and Restrictions (CC&Rs). Asking price is $135,000.
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.