Property summary
This exceptional 42.124-acre property, located at 1401 Stenger St. in San Benito, Texas (zip code 78586), presents a remarkable investment opportunity. Built in 1996, this special purpose property was formerly occupied by the La Palma Power Station, offering a wealth of potential uses for a forward-thinking buyer. The asking price is $545,000, representing a significant discount from its appraised value – nearly 50% below. Situated in the heart of San Benito, Cameron County, Texas, this expansive site boasts a prime location with convenient access to major roadways and amenities. The property is being sold "as is, where is," providing flexibility for the new owner to envision and implement their own development plans. The seller is highly motivated and open to considering all reasonable offers. This unique opportunity is ideal for developers, investors, or entrepreneurs seeking a large-scale project with substantial upside potential. The property's history as a power station provides a solid foundation for various redevelopment possibilities, subject to all necessary permits and approvals. Don't miss this chance to acquire a substantial piece of land in a thriving Texas community at an exceptionally attractive price.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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