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    Property profile & analytics

    401 Palma Vis Dr Palmview, TX 78572

    • Automotive properties
    • 168 SF
    • 0.18 lot acres
    For Sale
    View listing
    $879,502
    Value Estimation
    Last Sale
    Dec 15, 2021
    Location Intelligence
    Property ID
    US82-3439882
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Automotive properties

    Property Details for 401 Palma Vis Dr

    Year built
    2017
    Lot size
    0.18 lot acres
    Property size
    168 SF
    Property type
    Automotive properties
    APN
    G2050-00-000-0011-00
    APU
    G205000000001100

    Description

    This exceptional 1.26-acre commercial land parcel, located at 401 W. Palma Vista Drive, Lot 2, in Palmview, Texas, presents a unique investment opportunity. Situated in Hidalgo County, zip code 78572, this property offers significant potential for various commercial ventures. The lot's size provides ample space for development, aligning perfectly with Palmview's exciting growth trajectory. The city is experiencing a transformation with a new mixed-use development underway on an adjacent 8-acre site, featuring retail, office, and commercial pad sites. This development is poised to create numerous jobs and attract new businesses, further enhancing the area's appeal and increasing property values. The strategic location of this 1.26-acre lot places it at the heart of this burgeoning commercial hub, offering unparalleled access to the anticipated influx of residents and businesses. The asking price for this prime commercial land is $879,502. This represents a compelling investment opportunity in a rapidly developing Texas city. Don't miss the chance to secure a piece of Palmview's promising future. The property's coordinates are 26.2340063 latitude and -98.3745086 longitude.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Palmview
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.367
    Latitude
    26.2322
    CBSA code
    32580
    CBSA name
    MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,746
    $54,828
    $9,639
    $64,467
    -
    $54,828
    $9,639
    $64,467

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    • Value Estimation
      $360,000
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    Palmview, TX 78572
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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