1338 R. W. Way

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1338 R. W. Way

La Feria, TX 78559
Asking Price
$377K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The property consists of 2.09 acres of land.
  • The site is currently available for purchase at $377,000.
  • Located in the city of La Feria, Texas.
  • Positioned with coordinates at 26.1679, -97.8344.
  • Suitable for industrial or specialized commercial development projects.

What's Special

This 2.09-acre parcel of land sits at 1338 R. W. Way in La Feria, Texas. Situated in the Rio Grande Valley, the property benefits from the region's steady growth and connectivity to major regional thoroughfares. The local area serves as a transit corridor between larger metropolitan hubs and the border, supporting a mix of logistics, agricultural, and industrial operations. Given the size of the tract and its geographic positioning, the site is well-suited for industrial development, equipment storage, or specialized warehouse facilities. Investors and developers looking for acreage in a expanding market will find this property provides a foundational footprint for various commercial projects. Its strategic placement allows for convenient access to regional supply chains and local business infrastructure, making it a functional choice for those requiring flexible space for operations in Cameron County.

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NOI
$80,000
Cap Rate
21.22%
DSCR
3.57
Strong
Cash-on-Cash
50.94%
Monthly Payment
$1,865.19
Annual Cash Flow
$57,617.716

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