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    OFF-MARKET
    Land

    000 Fm 800 Rd, Harlingen, TX 78586

    40 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 40-acre property presents a unique investment opportunity in San Benito, Texas. Currently utilized as farmland, this expansive tract boasts significant frontage along FM 800 Road, measuring approximately 1200 feet. According to Cameron County Planning Department guidelines, this frontage allows for potential subdivision into one-acre residential lots, offering considerable development potential. Alternatively, the property's size and location are ideal for continued agricultural use or as a private ranch. Its strategic location, approximately 3 to 4 miles from US Military Highway 83, ensures convenient access to major transportation routes. An added benefit is the presence of a 52-acre adjacent parcel across Turner Road, also used for farming and featuring a fire hydrant. The asking price for this versatile 40-acre property is $400,000, making it an attractive proposition for investors seeking land with diverse development possibilities in a rapidly growing area of Texas. The property is located at 000 W FM 800 Road, San Benito, TX 78586. The property is zoned for agricultural use and residential development. Buyers are encouraged to conduct their own due diligence regarding zoning and development regulations.

    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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