0 Tbd Military Rd Progreso, TX 78579
This exceptional 25.47-acre tract of land presents a compelling investment opportunity in Progreso, Texas. Located on the north side of Military Highway 281, the property boasts significant paved road frontage, providing excellent accessibility. Currently leased to a local farmer, the land is utilized for row crop agriculture. The terrain is described as level and irrigated, indicating suitability for continued agricultural use or potential redevelopment. The property's location in Hidalgo County, Texas, offers proximity to key transportation routes and a growing regional economy. With its substantial size and strategic highway frontage, this property is well-suited for a variety of uses, including continued agricultural operations, potential subdivision, or other commercial development. The asking price is $967,860. The zip code is 78579. Serious inquiries are encouraged to explore the possibilities of this prime Texas land. The property is located at TBD Military Road, Progreso, TX.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.