000 US Highway 83

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000 US Highway 83

La Feria, TX 78559
Asking Price
$750K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel available for acquisition in La Feria
  • Total site area measures approximately 0.963 acres
  • Prime frontage location situated along US Highway 83
  • Current asking price set at 750000 dollars
  • Well-suited for diverse commercial or retail developments

What's Special

This commercial land is available for sale, providing a strategic acquisition for investors or developers seeking to capitalize on the growth of La Feria, Texas. Spanning 0.963 acres, the parcel is situated along US Highway 83, ensuring visibility and accessibility within the Rio Grande Valley corridor. The site represents a functional blank canvas suitable for various commercial use cases, ranging from retail developments to service-oriented business facilities that cater to the local population. La Feria serves as a growing suburban market within the metro area, benefiting from the regional economic activity linked to international trade routes and agricultural commerce. Buyers have the opportunity to secure a well-positioned tract of land at a $750,000 price point, facilitating a variety of development timelines and long-term investment strategies. The property layout supports efficient site planning for businesses requiring proximity to primary transportation arteries.

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NOI
$80,000
Cap Rate
10.67%
DSCR
1.80
Strong
Cash-on-Cash
15.77%
Monthly Payment
$3,710.591
Annual Cash Flow
$35,472.911

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