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Property profile & analytics
OFF-MARKET Estimated value $570,000
Industrial properties

2301 Fm 493 Donna, TX 78537-5189

3,620 SF 10.53 ac lot Built 1988
Individually Owned 9-yr Hold ~ Est. High Equity
Property ID
US82-5144251
Property summary
AI-generated overview

This exceptional 9.5-acre commercial land parcel presents a unique investment opportunity in Donna, Texas. Located at 2301 N FM 493 Street N, this property boasts a highly desirable location directly across from a Walmart, ensuring high visibility and significant foot traffic. The expansive lot size offers considerable potential for a variety of commercial developments, catering to the growing needs of the community. Built in 1984, this land provides a blank canvas for ambitious projects, allowing for customized construction to meet specific business requirements. The property's strategic positioning near a major retail anchor promises strong returns on investment. With its convenient access and prime location in Hidalgo County, this 9.5-acre tract is an ideal choice for developers seeking a high-impact commercial venture. The property's address is 2301 N FM 493 Street N, Donna, TX 78537. The asking price for this exceptional commercial land is $1,800,000. This represents a compelling opportunity to acquire a significant piece of commercial real estate in a thriving Texas market. The property's size and location make it an attractive proposition for a wide range of commercial uses.

Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1988
Total area 3,620 SF
Lot 10.53 ac (458,687 SF)
APN L0250-00-021-0010-00
UPID US82-5144251
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
$345k
CAP Approach CAP
$565k
Comparable Approach Comparable
$576k
Blend (final) Blend
$570k
Owner & transaction history
Hector L Sandoval · 9 yrs held
Hector L Sandoval
since 2017
4 recorded transactions
2024
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $590,000 +23.8%
Auto repair, garage $500,000 +5.0%
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