Property profile

0 Old Alice Rd Los Fresnos, TX 78566

OFF-MARKET
Land
10.15 ac lot
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Property summary

AI-generated overview

This exceptional 10.15-acre farm presents a unique opportunity for agricultural investment in the thriving Los Fresnos, Texas area. Located at 0 Old Alice Road, zip code 78566, in Cameron County, this property boasts 10.15 acres of irrigated cropland, ideal for cultivating a variety of crops. The land's existing irrigation system significantly reduces the initial investment required to begin farming operations. Its location within a well-established agricultural region offers access to established markets and support networks, further enhancing its potential for profitability. The property's versatile nature allows for expansion and adaptation to various agricultural endeavors. The asking price for this prime farmland is $120,000. This represents a compelling investment opportunity for those seeking to establish or expand their agricultural holdings in a region known for its fertile land and strong agricultural economy. The property's coordinates are 26.0481878 latitude and -97.5039483 longitude. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 10.15 ac (442,134 SF)

Cap rate & NOI

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

Location

Old Alice Rd Los Fresnos, TX 78566
Los Fresnos metro
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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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