00 Rabb Rd Santa Rosa, TX 78593
This exceptional 277-acre irrigated farmland presents a unique investment opportunity in Cameron County, Texas. Located between Rabb Road, East Cantu Road, and Louisiana Road, the property boasts sandy clay loam soil ideal for cultivating diverse row crops or pastureland. The land's current agricultural use ensures immediate income potential, with the current farmer retaining harvest rights for existing crops. The seller is open to a cash lease agreement with new owners, providing a seamless transition and continued revenue stream. This sizable, contiguous tract of high-quality farmland is a rare find in the market, offering significant potential for long-term growth and profitability. The property's APN is MLS #: A29735781A, and the asking price is $3,326,160. The land value is calculated at $12,073,830 per square foot. The property is located at 00 N Rabb Rd, La Feria, TX 78593. This represents a compelling opportunity for investors seeking a stable, high-return agricultural investment in a prime Texas location. The property's size and productive capacity make it an attractive proposition for both experienced farmers and investors looking to diversify their portfolio.
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
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No recorded transactions found for this property.
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Risks
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