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 comprising 0.61 acres for sale.
  • Property features direct frontage along Us Highway 83.
  • The asking price for this site is 610,000 dollars.
  • Located in La Feria within the active Rio Grande Valley.
  • Suitable for various retail or commercial development projects.

What's Special

This commercial land spans 0.61 acres along Us Highway 83 in La Feria, Texas. The parcel occupies a strategic position within the Rio Grande Valley, a region known for its steady economic activity and significant cross-border trade operations. Given its prime highway frontage, the site provides excellent visibility for potential commercial development. The flat, accessible nature of the tract makes it well-suited for a variety of business applications, including retail pads, service-oriented establishments, or professional office development. Investors and business owners looking to establish a presence in a growing southern market will find this location offers practical connectivity to surrounding municipalities and major transit routes. The site represents a straightforward acquisition for those aiming to capitalize on the increasing commercial demand throughout Cameron County.

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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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