7211 Iowa Rd Edinburg, TX 78542
This exceptional 0.5-acre commercial property, located at 7211 Iowa Road in Edinburg, Texas, presents a unique investment opportunity. The 22,040.053 square foot lot boasts 76 feet of frontage on Tower Road, offering excellent visibility and accessibility. Currently used for grass cultivation, this land possesses significant untapped potential for redevelopment. Its strategic location just east of Expressway 281 (69C) provides convenient access to major transportation routes. The property is situated within the Edinburg Independent School District and is minutes away from the University of Texas Rio Grande Valley (UTRGV), making it an attractive location for various development projects. City of Edinburg sewer lines are available in nearby neighborhoods to the south and east. Prospective buyers are encouraged to independently verify zoning and development details with the City of Edinburg to explore the full range of possibilities. This multifamily land parcel offers a compelling chance to capitalize on the growing Edinburg market. The asking price for this prime development opportunity is $100,000.
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.