10000 Expy 83 Hwy La Feria, TX 78559
This exceptional 1.7-acre commercial land parcel presents a unique investment opportunity in La Feria, Texas. Strategically located on the corner of West Expressway 83 Highway, it offers unparalleled accessibility to both east and westbound traffic. The property benefits from its proximity to the Rio Grande Premium Outlet Mall, enhancing its commercial viability and attracting a high volume of potential customers. Situated conveniently outside the La Feria city limits, this location eliminates city taxes, significantly reducing operational costs for future development. Access is readily available from Mile 3 East and Expressway 83 frontage road, ensuring convenient ingress and egress. The property's expansive size allows for a wide range of development possibilities, from retail spaces to light industrial uses. This prime location, coupled with the absence of city taxes, makes this a highly attractive investment for businesses seeking a strategic foothold in a rapidly growing area. Note that an adjacent 1.7-acre parcel with a 4,000 square foot, fully air-conditioned warehouse is also available for purchase separately. Detailed property 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
Similar Nearby for Sale
Similar Nearby for Lease
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.