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40 Acres Mixed Use Tract Close To The Harlingen Medical Center * |
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40 +/- Acres |
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Property is 40 acres of raw land with a lake. Adjacent to Treasure Hills Golf Course Community and the Rio Grande Valley Medical Center. This property is an excellent prospect for multi-family, residential, office, medical, or assisted living development. Owner will joint venture and/or build to suit and/or divide.
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Open and level, being approximatly 32' in elevation, with a slight dip to the south.
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The Rio Grande Valley is considered the medical center of South Texas and Northern Mexico, drawing a consumer base of over 10 million people within a 200-mile radius. In the bi-national metropolitan area, developers serve an immediate market population of 1.8 million. Forbes Magazine has named the major towns in the Rio Grande Valley as “one of the fastest growing areas in the nation.” and is recognized as a burgeoning economy that is expected to flourish over the next decade. Located in the Greater Harlingen area, take Hwy 77 South to FM 509, then left to Sweezy Lane, left on Sweezy, property is on the right.
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Property fronts for approximatly 1,200 feet, a right of way belonging to the city. The City has planned and approved construction of a boulevard extending from Treasure Hills Subdivision to FM 509. The construction is intended to include utilities and is planned to let for bids in April 2010.
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Public Water/Sewage available
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Seller to convey all owned.
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$2.369609 per $100.00 valuation. The property currently carries an ag exemption.
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Deep loamy soil deposits.
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Cash, third party and possible owner financing. Owner will joint venture and/or build to suit and/or divide.
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None. Current zoning for the City of Harligen is "Non Designated" and is adjoined by zoned tracts designated, Single Family Residential, Multi Family Residentail (M2) , General Retail and Planned Developement. There is a small portion of the property, along the SE boundry that is a natural drainage. This limited area is currently mapped as Zone A by FEMA.
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A Phase One Enviromental Site Assesment was completed on the property in July of 2009. "No hazardious substances were readily recognizable on, or adjacent to the subject property, either within the present or past time frame that may pose an environmental threat, a business environment risk or a historical environmental risk to the subject property." A copy of the report is available upon request.
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