16.72 Acres in Progreso, Texas

Vacant Land for Sale
Catylist Listing ID: 30153297
Property Subtypes: Retail, Retail-Pad, Other
Gross Land Area: 16.72 Acres
Sale Price: $850,000
Unit Price: $50,837 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/13/2017

Overview / Comments

Parcel as a whole is priced for $850,000.00.  Seller will sell smaller parcels along FM 1015 frontage and 300' deep at a price of $5.50 psf and remainder of property at $2.00 psf.  Acreage located 1 1/2 mile from the International Bridge to Mexico with 57 ft. of frontage on FM 1015 in Progreso, Texas.  Excellent land for a fast-food establishment, retail or office development.  Area retailers within a one to five mile range are Family Dollar, Dollar General, Gabbi's, Circle K and Texas State Bank.  Land has approximately 1,253 ft. of depth and is on the major thoroughfare from Weslaco to Mexico.  Excellent development opportunity.

Additional Details

Nearest MSA: McAllen-Edinburg-Mission
County: Hidalgo
Property Visibility: Good
Site Description: Located on FM 1015 Bill Summers International Blvd. in Progreso, Texas.
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,236 8,247 45,074
Median Age: 26.22 26.33 34.48
Households: 550 1,965 13,868

Contact

Photograph of Listing Agent

Randy Summers, CCIM

Davis Equity Realty STCAR CIE Member
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