EXPRESSWAY 83
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EXPRESSWAY 83
16.12 Acres of Commercial Land Offered at $5,270,000 in Harlingen, TX 78552
Investment Highlights
- High Traffic Count
- City of Harlingen rated AA by S & P with 16 straight months of retail sales growth (3-2018)
- Near Several Automotive Dealerships
- 629' of Interstate Frontage Road
- Depth: 1109' on the west, 1135.8 on east
Executive Summary
The property is rectangular with the east edge bordering the Harlingen Corners Development with 382K sf of leased retail space. Access to the property via a curb cut from I-2 frontage and via an Access Easement from Lincoln Ave. to the south, through Harlingen Corners and from Interstate 2 (Expressway 83). The property is in the SWC of Interstate 2 (Exp. 83) and Interstate 69 (Exp. 77) Interchange. To the east across Interstate 2, is Bass Pro, Sams Club and the future Convention Center and numerous restaurants. To the east of the subject is the State of Texas Travel Information Center, regional mall, Starbucks, Walgreens, Chili's Applebee's, Holiday Inn, Walmart, HEB, Target, Chuck E Cheese's, Bed Bath and Beyond and many other restaurant and retail establishments. The property is well located with access from I-2 and The Harlingen Corners retail development. Brownsville/Matamoros is 26 miles south, Mc Allen/Reynosa is 35 miles west and Houston is about 300 miles north. Harlingen caters to a consumer market of over 2.3 million within a 50 mile radius and 10 million within a 200 mile radius. This area is a true investment opportunity.
Property Facts
Price | $5,270,000 | Property Subtype | Commercial |
Sale Type | Owner User | Proposed Use | |
No. Lots | 1 | Total Lot Size | 16.12 AC |
Property Type | Land | Cross Streets | Expressway 77 |
Price | $5,270,000 |
Sale Type | Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 16.12 AC |
Cross Streets | Expressway 77 |
1 Lot Available
Lot
Price | $5,270,000 | Lot Size | 16.12 AC |
Price Per AC | $326,923 |
Price | $5,270,000 |
Price Per AC | $326,923 |
Lot Size | 16.12 AC |
Rectangular lot with 629' of frontage on Interstate 2 (aka Exp 83) and a depth of 1109'. Utilities are available. Access Easement in place to the property from the Interstate, Harlingen Corners Shopping center and Lincoln Ave.
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zoning
Zoning Code | General Retail |
General Retail |
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EXPRESSWAY 83
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