1338 N R. W. Way # 4

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1338 N R. W. Way # 4

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).

  • Parcel spans 2.09 acres for versatile commercial development.
  • Strategic land asset located within La Feria, Texas.
  • Asking price for the land tract is $377,000.
  • Site offers potential for various industrial or commercial uses.
  • Positioned for growth in the Rio Grande Valley region.

What's Special

Development of this 2.09-acre parcel at 1338 N R. W. Way # 4 presents a functional investment in the La Feria market. The property serves as a strategic land holding in a growing region of the Rio Grande Valley, positioned to benefit from regional economic activity and connectivity. Its size and accessibility make the site suitable for diverse commercial or industrial applications that require proximity to local transportation corridors and established trade routes. Investors and business owners looking for developable land in Texas will find this tract well-positioned for future ground-up projects. The surrounding area remains characterized by steady development, providing a stable foundation for capital projects. Whether the objective is immediate expansion or long-term land banking, the site offers the necessary physical footprint for versatile property planning in an accessible sector of the market.

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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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