Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3109 Military Hwy Hidalgo, TX 78557
    Back to Search
    Property profile & analytics

    3109 Military Hwy, Hidalgo, TX 78557

    View on Map
    • Land
    • 4.41 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3109 Military Hwy

    Lot size
    4.41 lot acres
    Property type
    Land

    Description

    This exceptional 4.41-acre commercial land parcel presents a unique investment opportunity in Hidalgo, Texas. Strategically located on the 3109 block of West Military Highway, between McColl and Jackson Roads, this property offers significant development potential. The site boasts zoning approval for a dual-use configuration: industrial use designated for the northern portion and commercial lots along the highly visible Military Highway frontage. This flexible zoning allows for a variety of development options, catering to diverse business needs. While a larger 17.2-acre tract immediately north of Military Highway is currently under contract, this 4.41-acre parcel remains available for immediate acquisition. Its prime location provides excellent access to major roadways, ensuring high visibility and convenient accessibility for potential businesses. The property's size and zoning make it suitable for a range of commercial ventures, from retail establishments to light industrial facilities. This is a rare opportunity to secure a well-positioned commercial land parcel in a thriving Texas market. The asking price is $700,000. Detailed zoning information and site plans are available upon request. Don't miss this chance to capitalize on this exceptional investment opportunity in Hidalgo, Texas. The property is located at 3109 W Military Highway, Hidalgo, TX 78557.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hidalgo
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2278
    Latitude
    26.0989

    Comparable in this City

    • Value Estimation by Request
      85.89 Acres

      10Th St

      Land
      0 10Th St, Hidalgo, TX 78557
      View Details
    • Value Estimation by Request
      1,296 SF

      410 International Blvd

      Retail properties & Spaces
      410 International Blvd, Hidalgo, TX 78557
      View Details
    • Value Estimation by Request

      123 International Blvd

      Individual retail properties
      123 International Blvd, Hidalgo, TX 78557
      View Details
    • Value Estimation by Request

      3101 Us Hwy

      Distribution properties
      3101 Us Hwy, Hidalgo, TX 78557
      View Details
    • Value Estimation by Request
      2.69 Acres

      Bridge St

      Land
      0 Bridge St, Hidalgo, TX 78557
      View Details
    • Value Estimation by Request
      4.41 Acres

      3109 Military Hwy

      Land
      3109 Military Hwy, Hidalgo, TX 78557
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.27 Acres

      Hidalgo Commercial Land Opportunity

      Prime Hidalgo location, flexible acreage.
      701 International Blvd, Hidalgo, TX 78557
      View Details
    • $61,000
      Pending

      Residential Lot in Gated Community

      Residential lot in Hidalgo, TX, near amenities and schools.
      305 N 30Th St, Hidalgo, TX 78557
      View Details
    • $650,000
      2.69 Acres

      Hidalgo Commercial Land For Sale

      2.69 Acres of commercial land ideal for various businesses.
      Bridge St, Hidalgo, TX 78557
      View Details
    • Contact for pricing

      134.37 Acres in McAllen, TX

      134.37 acres of prime land in McAllen, Texas.
      Fm3072, Hidalgo, TX 78557
      View Details
    • $60,000
      Pending

      Residential Lot in Rio Largo

      Spacious residential lot in Hidalgo's Rio Largo Estates subdivision.
      E Gardenia Ave, Hidalgo, TX 78557
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      High-Traffic Commercial Suites Available

      Two commercial suites on high-traffic Coma Ave for lease.
      114 Coma Ave, Hidalgo, TX 78557
      View Details
    • $1,200 /Mo
      1,200 SF

      High-Traffic Commercial Suites in Hidalgo

      Two 1,200 sq ft suites on high-traffic Coma Ave.
      114 Coma Ave, Hidalgo, TX 78557
      View Details
    • Contact for pricing

      Industrial Single Tenant Warehouse

      10,000 SqFt industrial space available for single tenant use.
      1120 E Produce Rd, Hidalgo, TX 78557
      View Details
    • Contact for pricing

      Executive Suites at Tres Puentes

      Office suites with all-inclusive lease rates near international business hubs.
      1501 N International Blvd, Hidalgo, TX 78557
      View Details
    • Contact for pricing
      1,805 SF

      Retail Suites with Drive-Thru

      Retail suites available for lease, including drive-thru options.
      3006 S Mccoll Rd, Hidalgo, TX 78557
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space For Rent

      Retail space with high visibility and traffic in Hidalgo, TX.
      2800 Us Highway 281 E, Hidalgo, TX 78557
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3109 Military Hwy
    Hidalgo, TX 78557
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3109 Military Hwy, Hidalgo, TX, 78557
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!