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E At Loop 499 - REDUCED 9.8 ACRES

9.83 Acres of Commercial Land Offered at $649,000 in Harlingen, TX 78550

Investment Highlights

  • Great Development Potential
  • Easy Access to/from Interstate 69 E and Interstate 2
  • NOT Zoned
  • 10" water and 12" sewer

Executive Summary

The property is in the SEC of Interstate 69 E (Exp. 77) and
Loop 499, the route to Valley International Airport, 4 miles
east. Municipal utilities directly are available to the subject
include electricity, telephone, municipal water, and sanitary
sewer service. There is a 10” water line and a 12” gravity
sewer line along Interstate 69 E, both are provided by the
City of Harlingen Waterworks Department. To the west
across Interstate 2 and south, are Bass Pro, Sams Club and
the Convention Center,
numerous restaurants, the State of Texas Travel Information
Center, a regional mall, Starbucks, Walgreens, Chili's
Applebee's, Holiday Inn, Walmart, HEB, Target, Bed Bath
and Beyond and many other restaurant and retail
establishments. Brownsville/Matamoros is 29 miles south,
McAllen/Reynosa is 35 miles west and Houston is about
360 miles north. This region is known as the Rio Grande
Valley (RGV), it is one of the largest trade corridors in the
world. With ten international bridges to MX, two water ports
three airports catering to commercial air carriers and soon to
be home to Space-X's launch site. The RGV caters to a
consumer market of over 2.3 million people within a 50 mile
radius and 10 million people within a 200 mile radius. This
area is a true investment opportunity.

Property Facts

Price $649,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Auto Dealership
  • Distribution
  • Hold For Development
  • Hotel
  • Office Park
  • Self Storage
Total Lot Size 9.83 AC

1 Lot Available

Lot

Price $649,000
Price Per AC $66,022
Lot Size 9.83 AC

A Triangular site with about 900' of frontage on Interstate 69E (aka Expressway 77). This is the north most entrance to Harlingen from Corpus Christi and Houston. The property is also in the SEC of the intersection with Loop 499/Primera Road.

Description

The Interstate in front of the property is basically level and at grade, offering great visibility of the property to passing traffic, with a traffic count of over 40K VPD on the Interstate and over 17K VPD on Loop 499.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
973510-0190-000000
Land Assessment
$4,384
Improvements Assessment
$0
Total Assessment
$4,384

zoning

Zoning Code Not Zoned
Not Zoned
  • Listing ID: 12196035

  • Date on Market: 5/1/2017

  • Last Updated:

  • Address: E At Loop 499, Harlingen, TX 78550

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