La Villa, TX 78562
This exceptional 0.14-acre commercial lot in La Villa, Texas, presents a unique investment opportunity. Located on N Mike Chapa, in Hidalgo County, zip code 78562, this property boasts a substantial existing concrete slab covering approximately 6250.86 square feet, offering immediate usability. The large concrete area provides ample space for various commercial ventures, from parking lots to outdoor seating areas. A charming circular structure situated centrally on the lot adds a distinctive character, ideal for a creative business concept. Imagine a drive-thru snow cone stand, a small retail space, or any number of entrepreneurial endeavors. The property's location in the town of La Villa offers excellent visibility and accessibility. The asking price is $55,000, making this a compelling opportunity for investors seeking a ready-to-develop commercial site with significant potential. The property's convenient location and existing infrastructure minimize upfront development costs, allowing for a quicker return on investment. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving Texas town.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.