Technical
Financial
Distress signals
Property profile

10088 Expressway 83 La Feria, TX 78559

OFF-MARKET
Land
1.7 ac lot
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Property summary

AI-generated overview

This exceptional 1.7-acre commercial land parcel presents a unique investment opportunity in La Feria, Texas. Strategically located on the southeast corner of Expressway 83 (I-2) at Mile Marker 3 East, this property boasts unparalleled visibility and accessibility. Situated at the Cameron and Hidalgo County border, it enjoys a prime "mid-valley" position, ensuring high traffic volume. The property is conveniently located outside city limits, offering potential flexibility in development. Easy on and off access to the expressway is a significant advantage for businesses requiring convenient transportation links. Note that a concrete drive to the south will be removed upon sale unless otherwise negotiated. This site offers significant potential for various commercial ventures, capitalizing on its high-traffic location and proximity to major transportation routes. An adjacent 1.7-acre parcel with a newly constructed 4,000 square foot warehouse featuring 2,000 square feet of office space and 2,000 square feet of warehouse space is also available for sale separately. The warehouse boasts high-end finishes, including a reception area, six sales staff stations, a breakroom, three large management offices, a conference room, and two restrooms. The warehouse area is insulated and fully air-conditioned, with various built-ins, washer/dryer hookups, and two storage rooms. The property is zoned NO ZONING. The asking price for this exceptional commercial land is $407,300. The address is 10088 W Expy 83, La Feria, TX 78559.

Property profile

Verified
Property type Land
Lot 1.7 ac (74,052 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Renovation Specialist

Location

10088 Expressway 83 La Feria, TX 78559
La Feria metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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