Current Use by Public Records
- Retail properties & Spaces
Property Details for 493 & Mile 13
- Lot size
- 0.52 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
This exceptional 0.52-acre commercial land parcel, located at the intersection of FM 493 and Mile 13 North in Donna, Texas (zip code 78537), presents a unique investment opportunity. Currently zoned residential, this property boasts a substantial 22,651 square feet and is situated in a high-growth area, making it perfectly suited for retail or restaurant development. Its hard corner location ensures maximum visibility and accessibility for potential businesses. Importantly, according to FEMA flood maps, this property is not located within a floodplain. The City of Donna provides readily available sewer and water utilities on-site. Prospective buyers are advised to conduct their own due diligence, including engaging an independent engineer to verify the location, accessibility, and capacity of all utilities connected to the property. This prime location offers significant potential for substantial returns, making it an attractive proposition for discerning investors seeking a foothold in a thriving Texas market. The property's size and strategic placement make it an excellent candidate for a variety of commercial ventures. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly developing area.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Donna
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.0374
- Latitude
- 26.242
