You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Auto shops

505 La Homa Rd Palmview, TX 78574-5401

2,514 SF 0.44 ac lot Built 1992
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US82-5933099
Property summary
AI-generated overview

This exceptional 18,952.956 square foot commercial land parcel presents a remarkable investment opportunity in Palmview, Texas. Located at 505 La Homa Road, this property boasts a highly desirable location near the main intersection of Veterans Boulevard and La Homa Road, offering unparalleled visibility and accessibility. Its proximity to Interstate 2 ensures convenient access for customers and employees. Built in 1992, the land is zoned for commercial use, providing flexibility for a variety of development options. Potential uses include the construction of a shopping center, restaurant, or other commercial building. Alternatively, the existing structure could be renovated or repurposed to suit a specific business need. The property's strategic location and substantial size make it an ideal investment for entrepreneurs and developers seeking a high-impact location in a growing area. The asking price is $350,000. The property is situated in Hidalgo County, Texas, with a zip code of 78572. This is a rare opportunity to acquire a prime commercial lot in a thriving Texas market. Don't miss out on this chance to secure a piece of Palmview's commercial landscape.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1992
Total area 2,514 SF
Lot 0.44 ac (18,953 SF)
Zoning code RS
APN C2695-00-000-0003-00
UPID US82-5933099
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mahan Properties LLC · 1 yrs held
Mahan Properties LLC
since 2025
2 recorded transactions
2025
Price N/A
2007
Price N/A
Zoning & alternative use
RS · Palmview, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 505 La Homa Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message