709 E Palma Vista Dr
- 5.55 Acres | 241,758 SF
- Sale Price: $3,300,000 | $13.65/SF
- Prime SWC of Interstate 2 & La Homa Road in Palmview, Texas
- Excellent visibility and regional accessibility along the I-2 corridor
- Previous OM reports 48,306 AADT on Interstate 2 and 21,381 AADT on La Homa Road
- Current AO-I Agricultural Open-Interim zoning
- Potential for commercial rezoning and redevelopment, subject to City approval
- Surrounded by established retail, restaurants, residential growth, and commercial development
- Convenient access to Mission, McAllen, and the greater Rio Grande Valley
- Strong opportunity for retail, commercial, or mixed commercial development
Property Description
SVN | Hanna Solutions Commercial Real Estate is pleased to offer this 5.55-acre commercial development site located at the southwest corner of Interstate 2 and La Homa Road in Palmview, Texas. Offered at $3,300,000 ($13.65/SF), the property benefits from excellent visibility, regional accessibility, and a strategic position along one of western Hidalgo County’s primary commercial corridors. The site is currently zoned AO-I Agricultural Open-Interim, with potential for rezoning to commercial use, subject to City approval. Surrounded by established national retailers, restaurants, and growing residential development, the property presents an excellent opportunity for retail, mixed commercial, or other future development.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $3,300,000 |
| Year Built: | 1991 |
| Lot Size: | 5.55 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout