Property profile

0 Hwy-100 Laguna Vista, TX 78578

OFF-MARKET
Land
2 ac lot
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Property summary

AI-generated overview

This exceptional 2-acre commercial land parcel is strategically located at the southwest corner of Highway 100 (E Ocean Blvd) and Highway 48 (Brownsville-Port Isabel Hwy) in Laguna Vista, Texas, zip code 78578. Situated in Cameron County, this property boasts a Planned Development District (PDD) zoning designation, making it ideal for a variety of retail developments. The land is priced at $2,200,000, translating to a land value of $25.25 per square foot. This high-traffic location benefits from its proximity to major retailers such as H.E.B. and Walmart, ensuring high visibility and accessibility for any commercial venture. The site is positioned in a thriving retail area, serving as a vital link between Port Isabel and South Padre Island. This presents a unique opportunity to capitalize on the significant foot and vehicle traffic generated by these popular destinations. The property's location on two major thoroughfares guarantees excellent exposure and convenient access for customers. All information is believed to be accurate but is not guaranteed. This offering is subject to errors, omissions, prior sale or lease, or withdrawal without notice.

Property profile

Verified
Property type Land
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hwy-100 Laguna Vista, TX 78578
Laguna Vista metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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