TBD US Highway 83

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TBD US Highway 83

La Feria, TX 78559
Asking Price
$610K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel totaling 0.611 acres for sale
  • Prime frontage located along US Highway 83 in La Feria
  • Asset offered at an asking price of 610,000 dollars
  • Well-positioned site suitable for diverse commercial development projects
  • Property situated within a growing Texas regional submarket

What's Special

This commercial land offering in La Feria, Texas, represents a strategic acquisition for investors or developers targeting a high-visibility corridor along US Highway 83. Spanning 0.611 acres, the parcel provides an accessible footprint for a variety of commercial site plans. The region serves as a growing suburban market within the Rio Grande Valley, benefiting from consistent regional traffic and development activity across the border-adjacent corridor. Prospective owners can capitalize on the asset's positioning to support retail, service-oriented businesses, or specialized commercial facilities. The site layout facilitates straightforward site planning for entities seeking a presence in a developing Texas submarket. With its direct highway orientation, the property serves as a functional addition to a diversified commercial real estate portfolio.

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NOI
$80,000
Cap Rate
13.11%
DSCR
2.21
Strong
Cash-on-Cash
23.93%
Monthly Payment
$3,017.947
Annual Cash Flow
$43,784.634

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