Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3/4 Jara Chinas Rd La Joya, TX 78560
    Back to Search
    Property profile & analytics

    3/4 Jara Chinas Rd, La Joya, TX 78560

    View on Map
    • Mixed-use properties
    • 265.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 3/4 Jara Chinas Rd

    Lot size
    265.00 lot acres
    Property type
    Mixed-use properties
    Property subtype
    Land

    Description

    This exceptional 265-acre mixed-use property presents a unique investment opportunity in the rapidly growing North Growth Corridor of La Joya, Texas. Strategically located on the east side of FM 2221, it lies immediately south of the soon-to-be-completed La Joya Bypass, ensuring excellent accessibility and visibility. The property benefits from existing paved road frontage on the south and east boundaries, providing convenient access points. Zoned for Transportation Reinvestment, this land is situated within a contiguous zone designed to capture property tax increments from planned projects, offering significant long-term financial advantages. Further enhancing its appeal, the property is also located in a Tax Increment Reinvestment Zone (TIRZ) and an Opportunity Zone, providing additional tax incentives and investment opportunities. Its proximity to the La Joya Independent School District's elementary, middle, and high schools, as well as sports facilities, adds to its overall desirability. This expansive tract offers considerable potential for a variety of commercial and/or agricultural uses, making it an ideal investment for developers and entrepreneurs seeking a prime location in a thriving Texas community. The property's location near the Jara Chinas Road (FM 2221) and the La Joya Bypass ensures easy access to major transportation routes. The City of La Joya provides essential services to the property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Joya
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.4952
    Latitude
    26.2504

    Comparable in this City

    • Value Estimation by Request
      35,632 SF

      720 Expressway 83

      Mixed-use properties
      720 Expressway 83, La Joya, TX 78560
      View Details
    • Value Estimation by Request
      265.00 Acres

      3/4 Jara Chinas Rd

      Land
      3/4 Jara Chinas Rd, La Joya, TX 78560
      View Details
    • Value Estimation by Request
      3,380 SF

      204 2Nd St

      Restaurants
      204 2Nd St, La Joya, TX 78560
      View Details
    • Value Estimation by Request
      1.88 Acres

      00 Hwy Hwy

      Land
      00 Hwy Hwy, Havana, TX 78560
      View Details
    • Value Estimation by Request
      6.72 Acres

      00 Military

      Land
      00 Military, Havana, TX 78560
      View Details
    • Value Estimation by Request

      41875 Expressway 83

      Land
      41875 Expressway 83, La Joya, TX 78560
      View Details

    Similar Nearby for Sale

    • $4,000,000
      35,632 SF

      Expressway 83 Development Land

      14-Acre Mixed-Use Site, La Joya, TX
      720 Expressway 83, La Joya, TX 78560
      View Details
    • $550,000
      6.72 Acres

      Prime La Joya Commercial Land

      6.72 Acres, $550,000 - Huge Potential
      00 Military, Havana, TX 78560
      View Details
    • $222,000
      11.96 Acres

      Palmview, TX Land For Sale

      Land perfect for a ranchito with brush and mesquite trees.
      N Military Rd, Palmview, TX 78560
      View Details
    • $250,000
      Pending

      La Joya Land For Sale

      8.07 acres in La Joya, Texas, ideal for development.
      Garza Ave, La Joya, TX 78560
      View Details
    • Contact for pricing
      1,598 SF

      Land For Rent La Joya

      Land available for rent in La Joya, Texas.
      712 Expressway 83 E, La Joya, TX 78560
      View Details
    • Contact for pricing

      La Joya Commercial Land

      1.88 acres in La Joya for commercial development.
      00 Hwy Hwy, La Joya, TX 78560
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3/4 Jara Chinas Rd
    La Joya, TX 78560
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3/4 Jara Chinas Rd, La Joya, TX, 78560
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!