1322 N R. W. Way # 3

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1322 N R. W. Way # 3

La Feria, TX 78559
Asking Price
$325K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The site consists of 1.66 acres of vacant land.
  • This parcel is located in the city of La Feria.
  • The property is currently listed for sale at 325000.
  • Development potential exists for various commercial or industrial applications.
  • The asset is positioned within the active Rio Grande Valley market.

What's Special

This 1.66-acre parcel of land sits in La Feria, Texas, presenting an accessible footprint for various development initiatives. The site occupies a strategic position within the Rio Grande Valley, a region defined by its expanding commercial sector and proximity to major trade corridors. Its size and location make it suitable for investors or businesses looking to establish a presence in a growing suburban market. The landscape provides flexibility for multiple land use cases, whether for industrial storage, commercial development, or other site-specific applications. With its straightforward layout and favorable geography, this property allows for efficient planning and execution of development projects. Prospective buyers can leverage the local economic growth trends to integrate this asset into their broader portfolio or operational strategy within the southern Texas region.

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NOI
$80,000
Cap Rate
24.62%
DSCR
4.15
Strong
Cash-on-Cash
62.26%
Monthly Payment
$1,607.923
Annual Cash Flow
$60,704.928

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