00 Expy 83 Hwy, Harlingen, TX 78552
This exceptional 40-acre commercial property, situated on the south side of Expressway 83 Highway in Harlingen, Texas, presents a compelling investment opportunity. Zoned for mixed-use development, this expansive tract offers significant potential for a variety of projects. The property's prime location in Cameron County, with a 78552 zip code, ensures high visibility and accessibility. Currently classified as land and multifamily, with a subtype of commercial, apartment building, and duplex/triplex/quadruplex, it allows for diverse development strategies. The asking price is $3,989,000. Owner financing is available, making this an attractive proposition for various investors. Furthermore, an additional 2-acre corner lot is available for purchase, expanding the potential development footprint. This presents a unique chance to acquire a substantial land parcel in a thriving Texas market, ideal for those seeking a significant mixed-use development project or a portfolio addition. The property's size and location make it suitable for large-scale projects, while the owner financing option enhances its appeal. Serious inquiries are encouraged to explore this remarkable opportunity.
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
Similar Nearby for Sale
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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.