5000 Expressway 83 Harlingen, TX 78552
- Land
- 20.00 lot acres
Current Use by Public Records
- Land
Property Details for 5000 Expressway 83
- Lot size
- 20.00 lot acres
- Property type
- Land
Description
This exceptional 20-acre commercial and residential development site in Harlingen, Texas, presents a unique investment opportunity. Located at 5000 S Expressway 83, Cameron County, zip code 78552, this rectangular parcel boasts approximately 465 feet of frontage along Expressway 77/83, offering unparalleled visibility and accessibility. Currently zoned for commercial use and used as cultivated crop land, the property is ideally suited for a variety of mixed-use developments, including medical facilities, multi-family housing, retail spaces, or educational institutions. Its strategic location directly across the expressway from Harlingen Medical Center, along with nearby medical plazas, Lowe's, Home Depot, restaurants, and financial institutions, ensures high traffic and strong demand. The property's dimensions are approximately 465 feet of frontage by 1,852 feet deep. City water and sewer are readily available. The current agricultural tax assessment is $235 per year. Priced at $2,600,000, or $2.00 per square foot, this represents an exceptional value for a prime development site in a thriving Texas market. This is a rare opportunity to acquire a significant land parcel in a high-growth area with excellent infrastructure and a strong surrounding commercial base.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Harlingen
- County
- Cameron
- State
- Texas
- Longitude
- -97.6825
- Latitude
- 26.1533