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Property profile & analytics
OFF-MARKET
Land

24514 Fm 508 Harlingen, TX 78550

2.8 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.795-acre property presents a unique investment opportunity in the thriving city of Harlingen, Texas. Located at the highly visible intersection of FM 508 and FM 509, this corner lot benefits from significant traffic flow. The property's strategic location is further enhanced by its proximity to the anticipated new loop and the new SPI Causeway, promising increased accessibility and future development potential. This prime acreage is ideal for a variety of commercial or residential ventures, capitalizing on the ongoing expansion within Cameron County. The asking price is $335,000. The property is zoned for both commercial and residential uses, offering flexibility for developers and investors. Its size and location make it an attractive prospect for projects ranging from retail spaces and multi-family dwellings to light industrial facilities. Given the current growth trajectory of Harlingen and its surrounding areas, this land parcel represents a compelling investment with substantial long-term appreciation potential. The property's address is 24514 FM 508, Harlingen, TX 78550, within Cameron County. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

Property profile
Verified
Property type Land
Lot 2.8 ac (121,750 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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