1400 N R. W. Way # 5

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1400 N R. W. Way # 5

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 vacant land
  • Current asking price for the site is 377,000 dollars
  • Location is situated in the city of La Feria
  • Coordinates for the parcel are 26.1481 and -97.8178
  • Site offers significant potential for various commercial development projects

What's Special

This 2.09-acre parcel of land sits at 1400 N R. W. Way # 5 in La Feria, Texas. Situated within the Rio Grande Valley, the property benefits from the region's steady growth and proximity to major regional transit corridors. The site provides a versatile foundation for development, appealing to investors or business owners looking to establish a presence in this expanding market. The expansive acreage allows for various potential commercial or industrial use cases depending on local development guidelines and market requirements. Buyers will find this location offers practical access to the surrounding infrastructure that supports the local economy. The area serves as a connecting point within the region, making it a viable consideration for those seeking to leverage land for long-term project planning or site-specific operations.

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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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