Current Use by Public Records
- Land
Property Details for TX-100 78 Ac Prt
- Lot size
- 78.00 lot acres
- Property type
- Land
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rancho Viejo
- County
- Cameron
- State
- Texas
- Longitude
- -97.2352
- Latitude
- 26.0775
