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Property profile & analytics
OFF-MARKET
Land

10000 Expy 83 Hwy La Feria, TX 78559

1.7 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.7 ac (74,052 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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