Commercial Property Overview in Cameron CAD:

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Commercial Property Overview in Cameron CAD:

Cameron County continues to see strong commercial property growth, with businesses and industrial investments driving economic expansion. In 2021, commercial and industrial real estate contributed significantly to new construction values, reflecting rising demand for commercial spaces. The sector accounted for $114.7 million in real property value and $710,112 in personal property additions, reinforcing its role in market stability. This growth highlights ongoing business investment and the county’s increasing appeal as a commercial hub.

Cameron County Commercial Property Permit Trends:

  • Commercial construction accounted for 16% of all new developments in 2021, highlighting steady sector growth.
  • New commercial properties are projected to generate over $1.3 million in tax revenue, based on a tax rate of $0.436893 per $100.
  • Ongoing demand for commercial properties indicates a strong economic outlook, supporting business expansion and infrastructure development.

Cameron County’s commercial sector continues to grow, reflecting increased business investments and rising property values. New developments are expected to contribute significantly to tax revenue and economic expansion.

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Cameron CAD Commercial Property Stats

  • Commercial and industrial real market value reached $114.7 million, accounting for 15.8% of total new construction.
  • Total new construction market value stood at $423.6 million, with a taxable value of $362.1 million.
  • Commercial construction made up 16% of all new developments, generating $1.58 million in tax revenue at a 100% collection rate.
  • Since 2019, taxable commercial property values have grown by 5.96%, with $301.9 million in new construction added in 2021.

Cameron County’s commercial property sector continues to expand, contributing significantly to new construction and tax revenue. Despite steady growth, commercial properties make up a smaller share of total new developments compared to residential projects.

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