Listed by RE/MAX Real Estate Services
$1,600,000
Hard Corner Commercial Development Opportunity
Details
Property Type Mixed Use, Hospitality
Sub Type Motel, QSR/Fast Food
Square Footage 6,838,920
Tenancy Vacant
Price per SqFt $23
Class A
Buildings 2
Acreage 1.570
Zoning No Zoning
Investment Type Redevelopment
Ground Lease No
Sale Condition N/A
Mixed Use | 6,838,920 SqFt
Marketing description
Located at a signalized hard corner along US Hwy 83, the main corridor connecting Laredo to the Rio Grande Valley. The site offers exceptional visibility and accessibility. Surrounded by national retailers and steady local and traveling traffic, the property is ideal for retail, QSR, or service-based development. The site benefits from strong frontage, ease of ingress/egress, and flexible development potential.
Investment highlights
- Strategic Hard Corner Location: Positioned directly at the high-traffic intersection of US Highway 83 and State Highway 16, maximizing visibility and accessibility for a new project.
- Immediate Infrastructure: All major utilities are already available at the site, significantly reducing upfront development costs and timelines.
- Risk Mitigation: The entire parcel sits completely outside the flood zone, eliminating the need for expensive flood insurance or restrictive drainage engineering.
- Corridor Expansion Project: Positioned directly on a main regional corridor benefiting from a $200M state-funded TxDOT project to widen US 83 into a 4-lane divided highway, naturally increasing future traffic and value.
- Proven Market for National Brands: Zapata serves as a captive regional retail hub where national chains (like McDonald's, Tractor Supply, and Dollar General) experience high performance due to limited local competition and heavy highway transit.
Listing Contacts
Listed by RE/MAX Real Estate Services
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