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    320 Broadway St St McAllen, TX 78501

    For Sale
    $1,450,000

    Eight Retail Spaces, High Traffic Area

    Property size:
    10,791 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional investment opportunity presents a prime commercial property situated at the bustling intersection of Broadway and Dallas Streets in McAllen, Texas. The property encompasses a substantial 10,791 square feet across eight individual retail spaces, boasting a diverse and established tenant mix. The building itself is a well-maintained brick structure with attractive glass storefronts, ensuring high visibility and curb appeal. The address includes both sides of the intersection, encompassing 314, 316, 318, and 320 South Broadway Street on the east side and 1306, 1308, 1310, and 1312 Dallas Avenue on the south side, totaling 0.3 acres. Its strategic location offers easy access to major roadways, placing it within close proximity to a variety of complementary businesses, including other retail establishments, banks, and restaurants. Detailed financial information, including rental income and expenses, is readily available upon request. This property represents a strong investment opportunity due to its prime location, established tenancy, and significant square footage. The property consists of two legal descriptions.

    Property Features for 320 Broadway St St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    10,791 SF
    Lot Size
    13,068 SF

    Building Details

    Year Built
    1985
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.23422
    Latitude
    26.20052

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    FAQs

    What type of property is this?
    Commercial real estate - Eight Retail Spaces, High Traffic Area
    Where is this commercial real estate located?
    The property is located at 320 Broadway St St McAllen, TX.
    What is the asking price?
    The asking price for this property is $1,450,000.
    (956) 682-3000
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    320 Broadway St St McAllen, TX 78501
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    McAllen, TX 78501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    320 Broadway St St McAllen, TX 78501
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