0 Riverside Dr Harlingen, TX 78550
This exceptional 4.5-acre residential development site in Harlingen, Texas, presents a unique investment opportunity. Located on Riverside Drive, 78550, in Cameron County, this property is conveniently situated near the medical center, offering a desirable location for residential development. The land is already subdivided into seven lots, each with street frontage, providing immediate development potential. Existing infrastructure includes fire hydrants, curb and gutter, and water lines. Many lots feature mature trees, enhancing the aesthetic appeal. The property boasts a tranquil setting, characterized by its quiet, secluded location at a dead-end street, overlooking an arroyo and lush trees. While previously platted for multi-family or condo development, a specific use permit would be required for multi-family projects. The current zoning is residential. The lots vary in size and development potential
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.