0 Military Rd Progreso, TX 78579
This exceptional 13.83-acre commercial land parcel presents a remarkable investment opportunity in Progreso, Texas. Situated at a prime corner location just north of the Progreso International Bridge, this property enjoys high visibility at the intersection of Military Highway (281) and South FM 1015. Its strategic location offers unparalleled access to significant traffic flow, making it exceptionally well-suited for a variety of commercial ventures. Currently utilized for farming, the land is ready for immediate development. The asking price is $3,313,390. The property's substantial size provides ample space for a large-scale development project, such as a restaurant, fast-food establishment, convenience store, or even a hotel complex. The zoning and development potential should be verified independently. This is a rare opportunity to acquire a significant commercial land holding in a rapidly growing area with excellent access to the Progreso International Bridge and major transportation arteries. The property is located in Hidalgo County, Texas, with the address listed as TBD S Military Road SE, Progreso, TX 78579. The geographic coordinates are latitude 26.0874839 and longitude -97.9569011. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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