For Sale
$2,900,000

Sugar Rd Linn, TX 78541

Exceptional development opportunity near UTRGV.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 8.98-acre property in Edinburg, Texas, presents a remarkable investment opportunity. Located at 0 Sugar Road, 78541, this prime corner lot boasts a highly desirable location, surrounded by existing multi-family residential units and within convenient walking distance to The University of Texas - Rio Grande Valley (UTRGV). The property's strategic positioning offers significant potential for various development projects. Its proximity to UTRGV makes it particularly attractive for multi-family residential development, catering to the university's student and faculty population. Furthermore, the site's size and visibility also lend themselves to commercial retail development, providing ample space for a variety of businesses. Adding to its appeal, the University of Texas Rio Grande Valley is slated to construct a new Sports Center directly adjacent to this acreage, further enhancing its value and desirability. This presents a unique chance to capitalize on the growth and development surrounding UTRGV and create a thriving project in a vibrant community. The property is classified as "Other" under the subtype category. The asking price for this significant land parcel is $2,900,000. This is a rare opportunity to acquire a substantial tract of land in a rapidly growing area with excellent potential for significant returns.

Highlights

  • $2,900,000 asking price.
  • 8.98-acre land parcel.
  • Located in Edinburg, TX, near the University of Texas Rio Grande Valley (UTRGV).
  • Prime corner lot ideal for multi-family or commercial retail development.
  • Adjacent to planned UTRGV Sports Center.

Property Details for 0 Sugar Rd

Property type
Land
Lot Size (sq. ft)
391,169 SF

Location Insight

City
Linn
County
Hidalgo
State
Texas
Latitude
26.485261
Longitude
-98.2869478

FAQs

What type of property is this?
Land - Exceptional development opportunity near UTRGV.
Where is the land located?
The property is located at Sugar Rd Linn, TX.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: $2,900,000 asking price.; 8.98-acre land parcel.; Located in Edinburg, TX, near the University of Texas Rio Grande Valley (UTRGV).
How can I contact the broker?
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0 Sugar Rd
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