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    3401 Expressway 83 W McAllen, TX 78503

    For Lease
    Contact for pricing

    Mixed-use center with retail, restaurant, and entertainment options.

    Property size:
    6,000 SF
    Lot size:
    6.55 Acres

    Property Features for 3401 Expressway 83 W

    General Information

    Size
    6,000 SF
    Lot size
    6.55 Acres

    Source: Merit CRE Agent Brian Smith

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

    Overview

    Mixed-Use Lifestyle Center Available

    This mixed-use lifestyle center spans over 25 acres and features a 40,000-square-foot cinema, a 19,000-square-foot food hall, and a 12,500-square-foot brew hall. The property includes 35,000 square feet of ground floor retail space and 38,000 square feet of restaurant space. A central lawn hosts community activities. Phase 2 development plans include office and hotel space. The center benefits from easy access to Expressway 83 and Ware Road. It is adjacent to Palms Crossing, the McAllen Convention Center, and the McAllen Performing Arts Center. The location experiences high traffic volume, with over 147,000 vehicles per day on Expressway 83. McAllen International Airport is located 2 miles away, and the McAllen International Bridge is 10 miles away. Available space includes 6,000 square feet suitable for shopping centers, retail properties, restaurants, and other similar uses.
    Location Intelligence

    Current Use by Public Records

    LL Flooring (Lumber ... Flooring Store

    Suggested Use

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

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

    Similar Places Nearby

    Palms Crossing, McAllen river walk, Shops at 29, Coin Cloud Bitcoin ATM, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.259978
    Latitude
    26.193351

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    FAQs

    What type of property is this?
    Shopping center - Mixed-use center with retail, restaurant, and entertainment options.
    Where is this shopping center located?
    The property is located at 3401 Expressway 83 W McAllen, TX.
    What are key features of this property?
    This property features: - Over 147,000 VPD on Expy 83 - Highest traffic count in South Texas; - 25+ Acres of mixed-use lifestyle center; - 40,000 SF cinema
    (210) 541-2005
    Request Owner's contact information
    3401 Expressway 83 W McAllen, TX 78503
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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
    3401 Expressway 83 W McAllen, TX 78503
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