1317 W Palma Vista Dr W Palmview, TX 78572
For Sale
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This exceptional commercial property, located at 1317 W Palma Vista Drive W in Palmview, Texas, presents a unique investment opportunity. The property encompasses four lots totaling approximately 16,788 square feet (1.2 acres) of land, ideally situated just off Expressway 83, providing excellent visibility and accessibility. Built in 1982, the site features three existing buildings, offering flexibility for immediate occupancy or redevelopment. The property's prime location offers significant advantages, with proximity to major retailers such as HEB and Walgreens, less than a mile away, ensuring high foot traffic and strong consumer presence. This versatile property is suitable for a variety of commercial uses, including restaurants, retail spaces, or the development of multiple rental units. The asking price is $1,800,000. This is a rare opportunity to acquire a substantial commercial property in a thriving Texas market with significant potential for growth and return on investment. Note: For precise location using Google Maps, please enter 1303 W. Palma Vista Dr., Palmview, TX. The property's zoning and potential uses should be verified independently.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.