1401 Stenger StSan Benito, TX 78586

For Sale
$545,000
Unique 42-acre property, below appraised value.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 42.124-acre property, located at 1401 Stenger St. in San Benito, Texas (zip code 78586), presents a remarkable investment opportunity. Built in 1996, this special purpose property was formerly occupied by the La Palma Power Station, offering a wealth of potential uses for a forward-thinking buyer. The asking price is $545,000, representing a significant discount from its appraised value – nearly 50% below. Situated in the heart of San Benito, Cameron County, Texas, this expansive site boasts a prime location with convenient access to major roadways and amenities. The property is being sold "as is, where is," providing flexibility for the new owner to envision and implement their own development plans. The seller is highly motivated and open to considering all reasonable offers. This unique opportunity is ideal for developers, investors, or entrepreneurs seeking a large-scale project with substantial upside potential. The property's history as a power station provides a solid foundation for various redevelopment possibilities, subject to all necessary permits and approvals. Don't miss this chance to acquire a substantial piece of land in a thriving Texas community at an exceptionally attractive price.

Highlights

  • 42.124-acre property located at 1401 Stenger St., San Benito, TX 78586.
  • Former La Palma Power Station, built in 1996.
  • Asking price: $545,000 (approximately 50% below appraised value).
  • Prime San Benito location with convenient access to major roadways.
  • Sold "as is, where is," allowing for flexible redevelopment.
  • Highly motivated seller considering all reasonable offers.

Property Details for 1401 Stenger St

Property type
Specialty properties
Year Built
1996

Location Insight

City
San Benito
County
CAMERON
State
Texas
Latitude
26.125143
Longitude
-97.6209633
1401 Stenger St, San Benito, Texas

FAQs

What type of property is this?
Specialty property - Unique 42-acre property, below appraised value.
Where is the specialty property located?
The property is located at 1401 Stenger St San Benito, TX.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: 42.124-acre property located at 1401 Stenger St., San Benito, TX 78586.; Former La Palma Power Station, built in 1996.; Asking price: $545,000 (approximately 50% below appraised value).
How can I contact the broker?
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1401 Stenger St
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