1400 R. W. Way

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1400 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 parcel encompasses approximately 2.09 acres of land
  • Offered for sale at a price of 377000 dollars
  • Situated in the growing La Feria market of Texas
  • The property location is mapped at 26.1679, -97.8344
  • Suitable for diverse commercial or industrial development projects

What's Special

La Feria is a growing community within the Rio Grande Valley of Texas, benefiting from proximity to major regional transportation corridors and expanding economic activity. This 2.09-acre parcel at 1400 R. W. Way presents a significant land holding for investors or developers seeking to capitalize on the region's steady growth. The site offers sufficient area for a variety of potential developments, ranging from industrial storage and logistics to commercial storefronts or specialized service facilities. Given the open nature of the tract, it provides a blank canvas for projects that require straightforward site access and visibility in a developing Texas submarket. Positioned strategically for easy regional connectivity, the land supports diverse commercial or industrial use cases. The flat topography and available acreage facilitate efficient site planning and construction processes. Prospective owners can evaluate the tract for long-term hold strategies or immediate build-to-suit opportunities tailored to meet local market demands 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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