TX-100 23 Ac Laguna Vista, TX 78578
This exceptional 23-acre commercial land parcel presents a remarkable investment opportunity in the thriving Laguna Vista/Port Isabel area of Texas. Strategically located at the southwest corner of Highway 100 (E Ocean Blvd) and Highway 48 (Brownsville-Port Isabel Hwy), this property boasts unparalleled visibility and accessibility. Zoned as a Planned Development District (PDD), it offers significant potential for a variety of retail developments. The site enjoys high traffic counts due to its position on two major thoroughfares and benefits from its proximity to established retail giants such as H-E-B and Walmart, ensuring a strong customer base. Situated in the heart of Port Isabel and serving as a vital link to South Padre Island, this location guarantees high visibility and accessibility for any commercial venture. The land is priced at $7,000,000, with a land value of $7 per square foot. Utilities are available, making this a turnkey opportunity for developers seeking a prime location for a shopping center or other high-traffic commercial development. The property's location in Cameron County, Texas, zip code 78578, offers easy access to major transportation routes and a vibrant community. This is a rare chance to acquire a significant piece of commercial real estate in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.