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Property profile & analytics
OFF-MARKET
Land

00 Expy 83 Hwy Harlingen, TX 78552

40 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 40 ac (1,742,400 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
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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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