www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
24196505
24196506

8469 US-83 BUS, Harlingen, TX 78552

PZ
TX 568880, TX TREC # 0249384
MARCUS PHIPPS R.E. - COMMERCIAL DIVISION
Listed by MARCUS PHIPPS R.E. - COMMERCIAL DIVISION
$400,000
347 days on market
Updated 11 days ago

3.5 Acres Commercial - Residential - Excess Land

Details
Property Type Land, Mixed Use (+2)
Sub Type Commercial, Restaurant
Units 3
Occupancy 100%
Tenancy Multi
Lease Type Modified
Year Built 1928 & 1982
Year Renovated 2000
Buildings 3
Stories 1
Acreage 3.500
Investment Type Redevelopment

Land | 3.5 acres

Marketing description

ALREADY BRINGING INCOME - UPSIDE! Site provides +/-3.5 acres situated on Business Highway 83, just west of Altas Palmas Road. Site has +/-275 of retail frontage on Bus. Hwy 83, making this site prime for any type of business operation. At rear of site there are two (2) single family homes. Plenty of land for expansion of the retail frontage and development of multi-family or new home site at rear.

With its convenient location, this land is primed for success. Located within 1 mile of Expressway 83 (I-2). Situated in close proximity to schools, shopping, restaurants & entertainment. The medical centers located less than 15 minutes from the site.

This impressive real estate opportunity presents a +/-3.5 ACRE tract of improved land with retail and residential possibilities. Perfect for business operation or rental with excess land for the addition of multi-family, owner’s personal home site, etc. This development tract provides a blank canvas for your vision.

Presently the retail frontage (+/-275’ X 550’) is leased to a tire shop/garage, car wash & food trucks. Tire shop has city water & septic. The two home sites at rear have well water and are on septic.

The rear of property is covered with lush foliage and large mature trees canopy the site. The rear acreage has two older homes presently occupied on a month-to-month basis. 1st Home (+/-1,780 sf) was constructed +/-1928. 2nd Home (815 sf) constructed +/-1982 (CCAD)

Ideal for retail & residential development – Perfect for single-family development or multi-family behind the retail frontage thereby capitalizing on the demand from the Rio Grande Valley’s growth.

Strategic Location – Site is within a 15 minute drive to the medical centers, universities, technical schools, shopping, etc., all of which drives significant employment and housing demand.

Centrally located this site provides easy access to the north, south, east, and west.

Expanding Market – Within 1-1/2 hour drive to the new “Star Base City”, the South Texas home to Elon Musk’s “SPACE X” rocket company driving major growth throughout the Rio Grande Valley.

Investment highlights

  • 3.5 acres—8649 w. business HWY 83—Harlingen, Texas
  • Minutes From Hospitals, Medical Plazas, Universities, VA Clinic
  • Peaceful Development Site - Retail Frontage—Residential At Rear
  • Dimensions: Estimated 275’ Ftg X 550’ (No Survey Available)
  • Utilities: (Retail) City Water & Septic (Homes) Well Water & Septic
  • Zoning: No Zoning (Situated In County)
  • Taxes: $4,753.26 (2024)
  • Irrigation: Harlingen Irrigation District

Listing Contacts

PZ
TX 568880, TX TREC # 0249384
MARCUS PHIPPS R.E. - COMMERCIAL DIVISION
Listed by MARCUS PHIPPS R.E. - COMMERCIAL DIVISION

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Pauline Zurovec
License
568880
Brokerage
MARCUS PHIPPS R.E. - COMMERCIAL DIV.
Brokerage Phone
9567939993
Title
TX
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591