7211 Tower Rd Edinburg, TX 78542
This exceptional 1.5-acre commercial property, located at 7211 Tower Road in Edinburg, Texas, presents a unique investment opportunity. Zoned for multifamily development (verification with the City of Edinburg is recommended), this land boasts significant frontage on both Tower Road (205.5 feet) and Iowa Road (265 feet), offering excellent visibility and accessibility. Currently used for grass cultivation, the property's true potential lies in its prime development location. Situated just east of Expressway 281 (69C), it benefits from convenient access to major transportation routes. The property is served by Edinburg schools and is minutes away from the University of Texas Rio Grande Valley (UTRGV), making it an attractive location for various residential developments. City of Edinburg sewer lines are available in adjacent neighborhoods to the south and east. This is a rare opportunity to acquire a substantial parcel of land in a rapidly growing area with high demand for housing. The asking price is $299,000. Serious inquiries are encouraged to explore the possibilities of this remarkable development site. The property is classified as Land, Multifamily, and is further categorized as a Duplex/Triplex/Quadruplex. The zip code is 78542.
Cap rate
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Property description
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