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    OFF-MARKET
    Land

    0 Hwy-100, Laguna Vista, TX 78578

    2 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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