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    OFF-MARKET
    Land

    00 Arroyo Dr, Harlingen, TX 78552

    7.38 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 7.38 ac (321,473 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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