27188 Fm 88 Monte Alto, TX 78538
This exceptional commercial property in Monte Alto, Texas, presents a unique investment opportunity. Located on high-traffic FM 88 Road, this 6.02-acre parcel boasts approximately 1030 feet of road frontage, offering significant visibility and accessibility. The property includes a 1,740 square foot block building, previously used as a restaurant serving Delta Lake Park, providing immediate income potential or redevelopment options. The land is strategically divided into two surveyed tracts: a 3.5-acre tract and a 2.5-acre tract, allowing for flexibility in development plans. The property's R1 zoning designation offers versatility for various commercial ventures, including sub-development or residential projects. Its proximity to Delta Lake further enhances its appeal and potential for attracting customers and residents. The asking price is $250,250, and the property's APN is M0150-00-046-0009-00. This prime location in Hidalgo County, Texas, with its zip code 78538, presents a rare chance to acquire a substantial commercial property with significant upside potential. The property's size and location make it ideal for a variety of uses, from expanding existing businesses to creating entirely new commercial ventures. Don't miss this chance to secure a valuable asset in a thriving Texas community.
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
Similar Nearby for Sale
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.