107 1015 Progreso Lakes, TX 78596
This exceptional 1.69-acre commercial land parcel is ideally situated on the southeast corner of S International Blvd and Malone Road in Progreso Lakes, Texas (zip code 78596). The property, identified by APN numbers 669897 and 669896, offers fee simple ownership and is zoned for commercial use, presenting significant development potential. Its prime location near the Progreso International Bridge and along Highway 1015 ensures high visibility and accessibility, benefiting from substantial traffic flow. This makes it an attractive investment opportunity for developers and businesses seeking a high-demand location within a rapidly growing area. The property's versatility allows for a wide range of commercial uses, capitalizing on the area's ongoing expansion. The asking price for this exceptional property is $510,000. This is a rare opportunity to acquire a strategically located commercial lot in a thriving Texas community. Don't miss out on this chance to secure a prime piece of real estate in a rapidly developing area.
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
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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.