27500 Huie Rd, Rio Hondo, TX 78583
This exceptional 12-acre property in Cameron County presents a unique investment opportunity. Located conveniently near Rio Hondo and San Benito, with easy access to the Port of Harlingen, this site offers unparalleled convenience and accessibility. The land boasts paved frontage, eliminating costly infrastructure development. Existing infrastructure includes an established septic system, an East Rio Hondo Water meter, and Magic Valley Electric service, significantly reducing setup costs for any new development. Further enhancing its versatility, the property features an existing well and irrigation system, currently utilized for hay production. The irregular shape of the land wraps around three sides of an existing home, which is not included in this sale. The absence of city restrictions provides flexibility for a wide range of commercial ventures, making it particularly suitable for a trucking company or other businesses requiring ample space and convenient access to major transportation routes. The current owner has never resided on the property. This is a truly exceptional opportunity to acquire a ready-to-develop site with significant existing infrastructure in a prime location. The property is being sold as-is. MLS# 29754814 (separate sale).
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
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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.