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Property profile & analytics
OFF-MARKET
Land

000 White Ranch Rd La Feria, TX 78559

24.5 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 24.5 ac (1,067,220 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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