0 Expy 83 Hwy San Benito, TX 78586
Exceptional investment opportunity in San Benito, Texas. This expansive 106.32-acre property, located at 0 Expressway 83 Highway, Harlingen, TX 78586, presents a unique blend of agricultural and multifamily development potential. Currently utilized as irrigated crop land and actively farmed, the land offers immediate income generation. The property boasts frontage along FM 509, providing excellent accessibility and visibility. The versatile nature of this land allows for various uses, including continued agricultural operations, subdivision into smaller tracts (potentially 20-acre parcels), or development of multifamily housing. The property's size and location in Cameron County, Texas, make it an attractive proposition for investors seeking a substantial land holding with diverse possibilities. The asking price is $10,100,400. This is a rare opportunity to acquire a significant land parcel with established agricultural use and significant future development potential. The property is zoned for commercial and multifamily use. Detailed zoning information is available upon request.
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
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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.