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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Us-83 Harlingen, TX 78550

2.25 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Lot 2.25 ac (98,010 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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