7900 W Expressway 83

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7900 W Expressway 83

Harlingen, TX 78552
Asking Price
$1.20M
Asset Type
Land
Class
Class B

What's Special

7900 W Expressway 83 is situated along the Interstate 2 frontage road in Harlingen, Texas. The property is positioned within a developing commercial corridor characterized by a mix of light industrial facilities and retail centers. It offers direct access to the regional highway network, facilitating transit between Harlingen, McAllen, and Brownsville. The surrounding area features several established automotive dealerships and local distribution hubs. Valley International Airport is located approximately ten miles to the northeast, providing logistical support for the region. The site is suited for commercial development, specifically projects requiring high visibility and highway proximity. Ideal use cases include equipment rental facilities, truck stops, or outdoor storage yards. The property’s zoning and location profile typically attract logistics companies, automotive retailers, or regional contractors seeking a central base for Rio Grande Valley operations. The expansive frontage provides significant exposure to daily commuter and freight traffic traveling along the Expressway 83 corridor.

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

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