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    1101 E Jasmine Ave McAllen, TX 78501

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    For Sale
    $1,165,000

    Corner lot in Class A office park ready for development.

    Property size:
    2 SF
    Lot size:
    2.22 Acres

    Property Features for 1101 E Jasmine Ave

    General Information

    Size
    2 SF
    Lot size
    2.22 Acres

    Source: Laura Liza Paz, SIOR Agent Laura Liza Paz, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Lot Development Opportunity

    A corner lot is available in the 495 Commerce Center, situated at the northwest corner of Jasmine Avenue and Commerce Center Street. This Class A Office Park offers potential for development and ensures accessibility due to its proximity to Business 83 and US Highway 281. The area features upcoming projects including the UTRGV McAllen ISD Collegiate Academy, a two-story educational facility spanning 65,600 square feet, and the UT Health RGV Cancer and Surgery Center, featuring medical oncology, infusion, radiation oncology, and a clinical research unit. The property is a ready-for-development opportunity in the 495 Commerce Center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    NewMCoero Co. Yeshiva

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.207356
    Latitude
    26.210287

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    FAQs

    What type of property is this?
    Land - Corner lot in Class A office park ready for development.
    Where is this land located?
    The property is located at 1101 E Jasmine Ave McAllen, TX.
    What is the asking price?
    The asking price for this property is $1,165,000.
    What are key features of this property?
    This property features: - Prime development opportunity in the prestigious 495 Commerce Center.; - Excellent accessibility due to close proximity to Business 83 and US Highway 281.; - Located on a corner lot at the Northwest corner of Jasmine Avenue and Commerce Center Street.
    (956) 227-8000
    Request Owner's contact information
    1101 E Jasmine Ave 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
    1101 E Jasmine Ave McAllen, TX 78501
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