Remarks

4.5+/- commercial lot comes with APPROVED FOR CONSTRUCTION documents ready to transfer to the new owner. The plans are partially developed. The groundwork is laid for the development of 3 sleek apartment buildings, offering 56 total residences which caters to the growing demand for housing in the RGV. Additionally, capitalize on versatile retail/commercial space in the front of the lot, perfect for any commercial venture. With the groundwork laid and endless possibilities at your fingertips, this investment promises both immediate returns and long-term prosperity. Owners are talking to the city of Alamo for the possibility for single-residential lots along with commercial retail space, so as a new owner you have options into what direction you'd like to take this lot. This lot is located near 2 international bridges and 1 of those bridges, Pharr International Bridge, is making plans to expand and the amount of traffic going thru Alamo will be increasing significantly. invest today!

Details

MLS#: 471338
Price: $1,800,000

Style: Commercial
Sq Ft: 75500
Year Built: 2023

County: Hidalgo
Subdivision: Alamo Land & Sugar Co
Tax Fee: 4064