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Investment Highlights

  • High Traffic Count
  • Academy Sports opened 2023 contiguous to the property
  • Near Several NEW 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 $2,900,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Apartment Units
  • Auto Dealership
  • Hotel
Total Lot Size 16.12 AC
Cross Streets Expressway 77
Zoning General Retail

1 Lot Available

Lot

Price $2,900,000
Price Per AC $179,900.74
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. There are two PID#s.

Description

±16.12 Acres of Prime Commercial Land on W. Expressway 83, (aka Interstate 2) Harlingen, TX. Development Opportunity. This high-visibility, high-traffic (TXDOT reports 69K VPD) tract of land is along one of Harlingen’s most traveled corridors. With ±16.12 acres of untapped potential, this is the perfect location for Multi-family, Hotel, Retail or another high-demand commercial development. Strategically located with endless possibilities, this is your chance to be part of Harlingen’s growing future.

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 11534365

  • Date on Market: 2/8/2018

  • Last Updated:

  • Address: EXPRESSWAY 83, Harlingen, TX 78552

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