Current Use by Public Records
- Land
Property Details for 566 Palma Vis Dr
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 21,780 square foot commercial land parcel presents a unique investment opportunity in the thriving city of Palmview, Texas. Located at 566 Palma Vista Drive, this property boasts a highly desirable location directly off Expressway 83, offering unparalleled visibility and accessibility. The land comprises two parcels sold together, totaling 5.33 acres (excluding 0.5 acres where a separate house sits, MLS450918). This prime real estate enjoys frontage on both Expressway 83 and Veterans Boulevard (FM 492), ensuring high traffic exposure for any business venture. Its proximity to local amenities such as HEB and Walgreens further enhances its appeal. The property's substantial size and strategic location make it ideal for a wide range of commercial developments, capitalizing on the high traffic volume and strong commercial potential of this area. The asking price reflects the significant value inherent in the land itself, presenting a compelling opportunity for investors seeking a high-return investment in a rapidly growing Texas market. The property's zoning and potential uses should be verified independently. This is a rare opportunity to acquire a substantial land holding in a prime location with excellent access to major roadways. The zip code is 78572, and the Hidalgo County location offers further advantages.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palmview
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.3765
- Latitude
- 26.2345
