0 Us-83 Harlingen, TX 78550
This exceptional commercial property offers two vacant pad sites totaling approximately 2.25 to 3.34 acres, strategically located at the southwest corner of US-83 (I-2) and Palm Boulevard in Harlingen, Texas, zip code 78550. The property boasts excellent visibility and accessibility, situated between Harlingen's thriving retail and hospitality district and the Mercedes Outlet Mall. This rapidly developing area, expanding westward along US-83, presents a unique investment opportunity. The land is competitively priced and offers convenient expressway access. Lot 1 encompasses approximately 3.34 acres, while Lot 2 comprises approximately 2.25 acres. The area is home to a variety of established businesses, including Cheddar's, Tropical Smoothie Cafe, Wing Barn, and Russo's New York Pizzeria, indicating a strong and growing commercial presence. This property is ideal for developers seeking high-visibility locations in a dynamic market. The property is zoned for commercial use (specific zoning information should be independently verified). This prime location offers significant potential for various commercial ventures, capitalizing on the high traffic volume and established commercial activity in the immediate vicinity. The property is ready for immediate development.
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
Similar Nearby for Sale
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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.