00 Arroyo Dr, Harlingen, TX 78552
This exceptional 7.38-acre commercial property in Harlingen, Texas, presents a unique investment opportunity. Situated at 00 Arroyo Dr, 78552, this multifamily land parcel is comprised of three distinct lots (3.5 acres, 2.07 acres, and 1.73 acres), each boasting frontage on both Arroyo Drive and the Arroyo Colorado. The property offers unparalleled privacy and seclusion, yet enjoys convenient proximity to major shopping areas, approximately 10 minutes away. The rear portion of the land features extensive wooded areas extending to the Arroyo's banks, creating a haven for wildlife viewing and birdwatching. This versatile location lends itself to a variety of high-end development possibilities, including executive homesites, family compounds, a boutique bed and breakfast, an event center, or a small, gated community with shared access to the Arroyo and its wooded walking trails. City utilities, including water, electricity, and cable/internet, are readily available. A survey is available for review. This significant price reduction makes this an attractive proposition for discerning investors seeking a prime location with exceptional development potential in Cameron County. Don't miss this chance to acquire a truly unique and versatile property.
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
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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.