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    318-320 S Broadway St McAllen, TX 78501

    For Sale
    $1,450,000

    Retail property with eight spaces on a corner lot.

    Property size:
    10,791 SF
    Lot size:
    0.16 Acres

    Property Features for 318-320 S Broadway St

    General Information

    Size
    10,791 SF
    Lot size
    0.16 Acres

    Source: First American Realty Agent Charles Marina, CCIM, CRB, GRI

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

    Overview

    Retail Property on Corner Lot

    This retail property is situated on a corner lot and features a glass storefront. The building, finished in brick, offers approximately 10,791 square feet of space divided into eight retail spaces. The property fronts on Broadway and has easy access to major roadways. Located downtown on the corner of Broadway and Dallas Avenue, the east side of the building includes suites 314, 316, 318 & 320 S. Broadway, while the south side includes 1306, 1308, 1310, 1312 & 1314 Dallas Ave. Nearby are various retail establishments, banks, and restaurants. The property comprises two legal descriptions, presenting an investment opportunity.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage 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
    -98.232464
    Latitude
    26.206977

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    FAQs

    What type of property is this?
    Strip mall - Retail property with eight spaces on a corner lot.
    Where is this strip mall located?
    The property is located at 318-320 S Broadway St McAllen, TX.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - Large 10,791 sq ft property with eight retail spaces.; - Prime corner lot location downtown on Broadway and Dallas Ave.; - Glass storefronts.
    (956) 495-3000
    Request Owner's contact information
    318-320 S 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
    318-320 S Broadway St McAllen, TX 78501
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