700 Business Farm To Market 1015 Progreso, TX 78579
This exceptional 9.8-acre property in Progreso, Texas, presents a unique investment opportunity. Located at 700 N Business Farm To Market 1015, Hidalgo County, this fee simple land boasts a prime location directly across from Progreso High School, offering excellent visibility and accessibility. The property is zoned AO, allowing for flexible development options including residential, commercial, or multifamily projects. Utilities are already in place, simplifying the development process and reducing upfront costs. The large lot size provides ample space for a variety of projects, catering to diverse development needs. This strategically located land offers high-return potential due to its excellent visibility, convenient access, and flexible zoning. The APN is L5025-00-000-0091-00. The asking price is $367,500. This is a rare chance to acquire a substantial parcel of land in a growing Texas community with significant development potential. Don't miss this opportunity to capitalize on the area's growth and create a thriving project. The property's zip code is 78579.
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.