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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1214 Atlanta Ave Donna, TX 78537

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9628384
    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

    • Commercial real estate

    Property Details for 1214 Atlanta Ave

    Property type
    Commercial real estate

    Description

    This exceptional half-acre residential lot, spanning 21,810.928 square feet, presents a fantastic opportunity for building your dream home or placing a mobile home. Strategically located in Donna, Texas, at 1214 Atlanta Avenue, zip code 78537, this property boasts a prime location west of FM 493, situated between Mile Marker 14 and Mile Marker 14 1/2. The lot is situated in Hidalgo County and offers ample space for a comfortable residence. The asking price for this desirable property is $79,900. This is an ideal opportunity for those seeking to establish themselves in a convenient and growing community. The address is easily accessible and provides a tranquil setting while remaining close to local amenities and conveniences. Don't miss this chance to own a piece of land in this desirable Texas location. Act quickly, as properties like this are in high demand. The lot is ready for immediate development, allowing you to begin your building project without delay.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Donna
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.0461137
    Latitude
    26.2608985

    Comparable in this City

    • $249,000
      1.88 Acres

      Donna Land: Prime Development Opportunity

      1.88 Acres, High Traffic Location
      5220 Fm 493, Donna, TX 78537
      View Details
    • $1,375,000
      25.00 Acres

      25-Acre Donna, TX Citrus Orchard

      Income-producing citrus orchard with barns & living quarters.
      492 Trenton Rd, Donna, TX 78537
      View Details
    • $140,000
      2.33 Acres

      Donna Residential Land - 2.33 Acres

      Prime 2.33-acre residential lot in Donna, TX.
      0 Fm 493 Aly, Donna, TX 78537
      View Details
    • $55,000

      Donna Residential Land - $55K

      Build Your Dream Home in Donna, TX!
      1916 Trinity St, Donna, TX 78537
      View Details
    • $3,900,000
      41.66 Acres

      Donna, TX Prime Development Land

      41.66 Acres, High-Traffic Location, Income Producing
      208 Victoria Rd, Donna, TX 78537
      View Details
    • $51,000

      Donna Residential Land - $51K

      Spacious lot, build your dream home. Owner financing available.
      1920 Trinity St, Donna, TX 78537
      View Details

    Similar Nearby for Sale

    • $249,000
      1.88 Acres

      Donna Land: Prime Development Opportunity

      1.88 Acres, High Traffic Location
      5220 Fm 493, Donna, TX 78537
      View Details
    • $1,375,000
      25.00 Acres

      25-Acre Donna, TX Citrus Orchard

      Income-producing citrus orchard with barns & living quarters.
      492 Trenton Rd, Donna, TX 78537
      View Details
    • $140,000
      2.33 Acres

      Donna Residential Land - 2.33 Acres

      Prime 2.33-acre residential lot in Donna, TX.
      0 Fm 493 Aly, Donna, TX 78537
      View Details
    • $55,000

      Donna Residential Land - $55K

      Build Your Dream Home in Donna, TX!
      1916 Trinity St, Donna, TX 78537
      View Details
    • $3,900,000
      41.66 Acres

      Donna, TX Prime Development Land

      41.66 Acres, High-Traffic Location, Income Producing
      208 Victoria Rd, Donna, TX 78537
      View Details
    • $51,000

      Donna Residential Land - $51K

      Spacious lot, build your dream home. Owner financing available.
      1920 Trinity St, Donna, TX 78537
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      3,050 SF

      Main Street Office Land Opportunity

      Prime Main Street Office Space, Newly Built
      212 Main St, Donna, TX 78537
      View Details
    • $1.15 SF/Yr
      5,198 SF

      Donna, TX Office Land Opportunity

      Prime Office Space, 3 Acres, 30 Parking
      700 Vazquez Ln, Donna, TX 78537
      View Details
    • $18 SF/Yr
      800 SF

      Prime Commercial Land, Bus 83

      High-traffic location, flexible spaces available.
      522 Business 83 St, Donna, TX 78537
      View Details
    • $0.92 SF/Yr
      5,198 SF

      Donna Office Space for Lease

      Prime Donna location, 5,198 sq ft, 30 parking spaces.
      700 Vazquez Ln, Donna, TX 78537
      View Details
    • Contact for pricing

      Prime Commercial Land, Bus 83

      High-traffic location, flexible spaces available
      522 Business 83 St, Donna, TX 78537
      View Details
    • Contact for pricing

      Commercial Land for Lease

      Land available for lease with multiple building delivery options.
      1530 Expressway 83 E, Donna, TX 78537
      View Details
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    1214 Atlanta Ave
    Donna, TX 78537
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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