511 Loop Palmview, TX 78572
- Office Properties & Spaces
- 36.24 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 511 Loop
- Year built
- 1983
- Lot size
- 36.24 lot acres
- Property type
- Office Properties & Spaces
- Property subtype
- Land
Description
This exceptional 36.24-acre commercial property in Palmview, Texas, presents a compelling investment opportunity. Located at 511 E Loop 374, zip code 78572, this land boasts a prime location, offering convenient access to Business 83 and nearby retail establishments. The property, built in 1983, includes a securely gated community featuring 340 full hook-up RV sites equipped with 30 and 50 amp service. Residents enjoy a range of amenities, including a laundry room, walking trails, and a heated in-ground pool. Additional features include ample storage for RVs and trailers, and executive access to the El Nino 9-hole golf course. Further enhancing its potential, the property includes 6 acres of unimproved land on the west end, providing significant room for expansion and future development. The asking price for this remarkable property is $3,295,000. This is a rare opportunity to acquire a well-established, amenity-rich commercial property with substantial growth potential in a thriving Texas market. The property is zoned for commercial use and offers a unique blend of established infrastructure and expansion possibilities. Its strategic location and existing infrastructure make it ideal for a variety of commercial ventures. This is a turnkey opportunity for an investor seeking a high-return investment in a rapidly growing area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palmview
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.3668
- Latitude
- 26.2208
