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Property profile & analytics
OFF-MARKET
Land

107 1015 Progreso Lakes, TX 78596

1.69 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.69 ac (73,616 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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