Parcel will be sold as a whole or in smaller parcels
Located 1 1/2 mile from the International Bridge to Mexico
Excellent land for development
Description
Parcel as a whole is priced for $850,000.00. Seller will sell smaller parcels along FM 1015 frontage and 300' deep at a price of $5.50 psf and remainder of property at $2.00 psf. Acreage located 1 1/2 mile from the International Bridge to Mexico with 571 ft. of frontage on FM 1015 in Progreso, Texas. Excellent land for a subdivision or multi-family development. Area retailers within a one to five mile range are Family Dollar, Dollar General, Gabbi's, Circle K and BBVA Compass Bank. Land has approximately 1,253 ft. of depth and is on the major thoroughfare from Weslaco to Mexico. Excellent development opportunity.
Located on FM 1015 Bill Summers International Blvd. in Progreso, Texas 1/4 mile north of Military Hwy 281 and 1 1/2 mile north of the International Bridge with Mexico.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
