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I69e & Fm 508 Harlingen, TX 78535

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Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional 81.35-acre commercial land parcel presents a unique mixed-use development opportunity in the thriving Combes, Texas market. Strategically located at the intersection of I-69E and FM 508, this site boasts unparalleled visibility and accessibility, with over 30,000 vehicles per day on I-69E and 5,500 on FM 508. The property is ideally suited for a variety of uses, including office, retail, medical, and residential developments, capitalizing on the area's robust demographics. Within a 5-mile radius, the population exceeds 55,500, with over 20,000 households and a median household income exceeding $50,000. The area's Hispanic population represents 85% of the total. The site's proximity to Harlingen International Airport further enhances its appeal. This prime location offers developers the chance to create a vibrant commercial hub, benefiting from the existing infrastructure and the potential for significant growth. The landowner is open to negotiations on pricing and welcomes collaboration with developers and users to realize the vision for this exceptional property. A Love's Travel Stop is already established at the corner of I-69E and FM 508, providing further evidence of the area's commercial viability. The site is being offered for sale by owner. Land pricing is $1-$20 per square foot.

Property profile

Verified
Property type Land

Cap rate & NOI

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Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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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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