00 Fm 509 Harlingen, TX 78586
This exceptional 5.366-acre commercial land parcel presents a remarkable development opportunity in San Benito, Texas. Strategically located near the esteemed Treasure Hills Subdivision and Golf Course, this property boasts significant frontage along FM 509 Road, ensuring high visibility and accessibility. The land is currently unimproved, offering a blank canvas for a diverse range of commercial or residential projects. Adding to its appeal, the property is conveniently divided into two separate tracts, providing flexibility for buyers. Each tract is available for individual purchase, or both can be acquired together, catering to various investment strategies and development scales. Its proximity to established communities and high-traffic areas within Harlingen's thriving market makes this a highly sought-after location for investors seeking substantial returns. The property's prime location and considerable size make it an ideal investment for developers looking to capitalize on the area's growth potential. This is a rare opportunity to secure a significant land holding in a rapidly developing area of Cameron County, Texas. The zip code is 78586. Don't miss this chance to shape the future of this desirable location. The asking price is $268,300.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.