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Property profile & analytics
OFF-MARKET
Land

00 White Ranch Rd La Feria, TX 78559

18.23 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 18.23-acre commercial development opportunity in La Feria, Texas, presents a unique investment prospect. Located at 00 White Ranch Road, this property boasts 26 buildable lots, including 23 half-acre lots and 3 premium one-acre lots, ready for immediate development. Approved plats are in place, simplifying the construction process, and septic tank installation is already accounted for. The land is situated just one minute from the highway, providing convenient access to major cities within the Rio Grande Valley. Its proximity to various commercial centers ensures residents will have easy access to essential amenities, from grocery stores to retail outlets. This prime location, outside the city limits of La Feria, TX, (zip code 78599) offers developers the chance to capitalize on the thriving Rio Grande Valley real estate market, known for its increasing property values and high demand for new homes. The asking price for this exceptional development land is $740,000. This property is zoned for commercial and multifamily use, specifically as a duplex/triplex/quadruplex. The property is classified as land and multifamily. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 18.23 ac (794,099 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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