Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2316 Jackson Rd Hidalgo, TX

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    23.87 acres ideal for mixed-use development.

    Type:LAND
    Lot size:
    23.87 Acres
    Added:
    May 25, 2023
    Days on Market:
    1067
    Last Refresh:
    Apr 5 at 11:26 pm

    Property Features for 2316 Jackson Rd

    General Information

    Standard status
    Active
    Lot size
    23.87 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Edward Villareal, SIOR

    Listing agent Edward Villareal, SIOR

    Listing office NAI Rio Grande Valley | McAllen

    Listing date May 25, 2023

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of NAI Rio Grande Valley | McAllen

    Overview

    23.87 Acres Mixed-Use Development Land

    This property offers 23.87 total acres, suitable for mixed-use development. Potential uses include a strip center, multi-family housing, storage units, or industrial purposes, as well as high-density residential multi-family development. The zoning is heavy commercial/agricultural. The location is 3.4 miles from Pharr Bridge, 4.9 miles from Hidalgo Bridge, 5.5 miles from Interstate 2, 5.7 miles from McAllen Foreign Trade Zone, and 6.5 miles from McAllen International Airport.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Hidalgo
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2182
    Latitude
    26.1178

    Nearby Similar for Sale

    • $650,000

      Hidalgo Commercial Development Opportunity

      1.23 acre commercial land in growing Hidalgo corridor.
      E Dicker Road lot: 1, Hidalgo, TX 78557
      View Details
    • $198,000

      Commercial Land in Hidalgo, TX

      Commercially zoned land suitable for various business uses.
      304 Elida Street, Hidalgo, TX 78573
      View Details
    • $650,000

      Hidalgo Commercial Land For Sale

      2.69 Acres of commercial land ideal for various businesses.
      Bridge Street, Hidalgo, TX 78557
      View Details
    • $850,000

      Corner Development Opportunity in Hidalgo

      1.53 acre corner lot near international crossings.
      N Mccoll Road lot: 2, Hidalgo, TX 78557
      View Details
    • $210,000
      1,980 SF

      Mixed-Use Property Near International Bridge

      Mixed-use property near McAllen-Reynosa International Bridge with income potential.
      503 S Bridge Street, Hidalgo, TX 78557
      View Details
    • $12
      3,750 SF

      Suites Near McAllen International Bridge

      Strategically located suites ideal for retail, office, or flex use.
      1121 South Bridge Street, Hidalgo, TX 78557
      View Details
    • $61,000

      Residential Lot in Gated Community

      Residential lot in Hidalgo, TX, near amenities and schools.
      307 N 30th Street, Hidalgo, TX 78557
      View Details
    • $61,000

      Residential Lot in Gated Community

      Residential lot in Hidalgo, TX, near amenities and schools.
      305 N 30th Street, Hidalgo, TX 78557
      View Details
    • $60,000

      Residential Lot Near Downtown Hidalgo

      Established subdivision lot with building potential and backyard space.
      705 S 5th Street, Hidalgo, TX 78557
      View Details
    • $35,000

      Residential Lot in Hidalgo, TX

      3,572 sq ft residential lot in Hidalgo, Texas.
      405 Conchita Drive, Hidalgo, TX 78557
      View Details
    • $60,000

      Residential Lot in Rio Largo

      Spacious residential lot in Hidalgo's Rio Largo Estates subdivision.
      E Gardenia Avenue, Hidalgo, TX 78557
      View Details
    • $5,400,000
      72 SF

      Hidalgo Industrial Land For Sale

      Industrial land in Hidalgo, TX, near International Bridge Crossing.
      1900 N. Industrial, Hidalgo, TX 78557
      View Details

    FAQs

    What type of property is this?
    Land - 23.87 acres ideal for mixed-use development.
    Where is this land located?
    The property is located at 2316 Jackson Rd Hidalgo, TX.
    What are key features of this property?
    This property features: 23.87 total acres available for development.; Zoned heavy commercial/agricultural, allowing for mixed‑use development.; Ideal for strip center, multi‑family, storage units or industrial, residential multi‑family high density.
    (956) 994-8900 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Edward Villareal, SIOR
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!