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Property profile & analytics
OFF-MARKET
Land

1804 Fm 88 Elsa, TX 78543

31.95 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 31.95-acre commercial and residential development opportunity is situated in Elsa, Texas, at 1804 FM 88, Hidalgo County, zip code 78543. The property boasts a highly desirable corner lot location, providing excellent frontage on both FM 88 and Mile 17 1/2 Road, ensuring high visibility and accessibility. The land is zoned for both commercial and residential uses, offering a multitude of development possibilities. This versatile property presents a unique chance to build a variety of projects, from multifamily dwellings to commercial ventures. The presence of a readily available city sewer system significantly simplifies development plans and reduces infrastructure costs. A natural drain ditch runs along the rear of the property, providing additional drainage benefits. The asking price for this expansive tract is $1,100,000. Its strategic location and abundant acreage make it an attractive investment for developers seeking a prime location in a growing Texas market. The property's size and zoning flexibility allow for a wide range of development scenarios, making it an ideal opportunity for those seeking significant returns. This is a rare chance to acquire a substantial parcel of land in a desirable area with excellent infrastructure.

Property profile
Verified
Property type Land
Lot 31.95 ac (1,391,742 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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