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    1804 Fm 88 St Elsa, TX 78543
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    1804 Fm 88 St, Elsa, TX 78543

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    • Land
    • 31.95 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Land

    Property Details for 1804 Fm 88 St

    Lot size
    31.95 lot acres
    Property type
    Land
    Property subtype
    Apartment buildings

    Description

    This exceptional 31.95-acre commercial property presents a remarkable investment opportunity in the thriving city of Elsa, Texas. Located at 1804 N FM 88 Street, this expansive lot boasts a prime corner location with significant frontage on both FM 88 Broadway Road and Mile 17 1/2 Road, ensuring high visibility and accessibility. The property is zoned for multifamily development, offering significant potential for the construction of apartments or other residential units to cater to the growing population of Elsa. The substantial acreage provides ample space for a large-scale project, allowing for a variety of development options. Given its strategic location and the city's upward trajectory, this land parcel represents a unique chance to capitalize on the increasing demand for housing in this dynamic Texas community. The property's classification as both commercial and residential allows for flexibility in development plans, catering to a wide range of potential uses. Detailed site surveys and zoning information are readily available upon request. This is an exceptional opportunity for developers seeking a substantial land parcel in a rapidly expanding market. The asking price for this significant property is $1,200,000. The address is 1804 N FM 88 Street, Elsa, TX 78543, Hidalgo County.


    Value Estimations

    based on Realmo’s proprietary methodology
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    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Elsa
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9824
    Latitude
    26.2931
    More about this property
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