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Property profile & analytics
OFF-MARKET
Land

TX-100 78 Ac Prt Rancho Viejo, TX 78575

78 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 78-acre commercial land parcel presents a significant investment opportunity in Rancho Viejo, Texas. Strategically located on Highway 100 (E Ocean Blvd), between Highway 48 and Laguna Heights, this property boasts over 3,000 feet of highway frontage, offering unparalleled visibility and accessibility. The land is zoned for Planned Development (PDD), allowing for a multitude of commercial uses to cater to the growing communities of Port Isabel and South Padre Island. With an average depth providing ample space for development, this site is ideal for large-scale retail projects or mixed-use developments. The asking price is $10,200,000, translating to a land value of $3 per square foot. Utilities are available, making this a turnkey opportunity for immediate development. The property's prime location and substantial size make it an exceptional investment for those seeking high-impact commercial development in a rapidly expanding area of Texas. This is a rare opportunity to acquire a significant tract of land with exceptional highway frontage in a high-growth market.

Property profile
Verified
Property type Land
Lot 78 ac (3,397,680 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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