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Property profile & analytics
OFF-MARKET
Land

1804 Fm 88 St Elsa, TX 78543

31.95 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 31.95 ac (1,391,742 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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