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Property profile & analytics
OFF-MARKET
Land

TX-100 213 Ac Laguna Vista, TX 78578

213 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 213-acre commercial land tract presents a significant investment opportunity in the thriving city of Port Isabel, Texas. Strategically located at the southwest corner of Highway 100 (E Ocean Blvd) and Highway 48 (Brownsville-Port Isabel Hwy), this property enjoys unparalleled visibility and accessibility. Highway 48 provides direct access to Brownsville, Texas, and Matamoros, Mexico, while Highway 100 connects to Harlingen and McAllen. The site is zoned as a Planned Development District (PDD), offering flexibility for a wide range of commercial developments. The asking price is $23,460,000, translating to $110,140.85 per acre. This represents a compelling value proposition given the property's prime location and development potential. Prospective buyers should note that portions of the tract are not currently within the Laguna Madre Water District and would require annexation to receive water service

Property profile
Verified
Property type Land
Lot 213 ac (9,278,280 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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