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    323 Broadway St McAllen, TX 78501

    For Sale
    $575,000

    High-traffic retail/office space. Excellent investment.

    Property size:
    5,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 5,800-square-foot commercial property presents a remarkable investment opportunity in the vibrant heart of downtown McAllen, Texas. Situated on the highly visible corner of Broadway and Dallas Avenue, this location guarantees maximum exposure to a constant flow of pedestrian and vehicular traffic. The property's versatile layout is ideal for a variety of uses, including retail, office space, or a showroom. Its generous size offers ample room for customization to suit specific business needs. The strategic location provides easy access to major roadways, ensuring convenient commutes for employees and customers alike. Furthermore, the property benefits from its proximity to a thriving network of retail establishments, banking institutions, and diverse dining options, creating a dynamic and attractive environment for businesses and their clientele. The 0.11-acre lot provides ample space for potential expansion or outdoor amenities. Priced at $575,000, this property represents a compelling investment opportunity in a rapidly growing and desirable market. Don't miss this chance to secure a prime commercial space in the bustling center of McAllen.

    Property Features for 323 Broadway St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,800 SF
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1966
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    RECYCLE FORWARD THRIFTSTORE Thrift Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2336
    Latitude
    26.20042

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic retail/office space. Excellent investment.
    Where is this commercial real estate located?
    The property is located at 323 Broadway St McAllen, TX.
    What is the asking price?
    The asking price for this property is $575,000.
    (956) 682-3000
    Request Owner's contact information
    323 Broadway 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
    323 Broadway St McAllen, TX 78501
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