215 Mile 17 1/2 Rd Edinburg, TX 78541
This exceptional 4.45-acre commercial land parcel presents a remarkable investment opportunity in Edinburg, Texas. Strategically located on the hard corner of North Closner Boulevard and East Russel Road (Mile 17 1/2 Road), this property boasts exceptional visibility and accessibility. The site enjoys a prominent position within a thriving area, experiencing approximately 15,000 vehicles per day. Its mixed-use zoning makes it suitable for a variety of commercial and industrial developments. The property is situated in a densely populated residential area, characterized by a significant number of single-family and multi-family homes, with ongoing new construction further enhancing its appeal. All utilities are readily available at or near the site, simplifying development plans. The substantial lot size, combined with high traffic counts and excellent frontage, makes this an ideal location for a wide range of projects. The asking price for this exceptional property is $800,000. This is a rare opportunity to acquire a highly desirable commercial site in a rapidly growing area of Hidalgo County, Texas, with zip code 78541. Don't miss out on this chance to secure your next project's ideal location.
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
Similar Nearby for Lease
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.