000 White Ranch Rd La Feria, TX 78559
This exceptional 24.5-acre property in La Feria, Texas, presents a compelling investment opportunity for developers and investors. Located at 000 N White Ranch Road, zip code 78559, in Cameron County, this land boasts a strategic location slightly northeast of the SOL subdivision, where homes range from $200,000 to $300,000. The asking price is $1,225,000, translating to an attractive price per acre of $50,000. Its proximity to I-2/Expressway 83 ensures high visibility and convenient access. The property is easily visible from the road. Furthermore, its location offers proximity to major Rio Grande Valley cities and ample shopping amenities. The land is already equipped with an account with the La Feria Irrigation District, providing access to water for agricultural purposes. Should subdivision be pursued, the city of Harlingen will provide water access. This presents a unique opportunity to capitalize on the growth and development of the surrounding area, making it an ideal investment for long-term appreciation. The property's size and location make it suitable for various development projects.
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.