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Industrial Land in Business Park
New
For Sale
$1,300,000

1200 Melba Avenue McAllen, McAllen, TX 78503

Two adjoining parcels are offered together for commercial or industrial development, subject to applicable zoning and approvals.

Property SizeContact for details
Days on Market2

Property Features for 1200 Melba Avenue McAllen

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $13,317
Listing Agency: BIG Realty
Listed By: Nancy Hi
Source: Primeluxuryrealestate
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 2:23AM

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 BIG Realty

Investment Insights

Based on property information with market context.

This industrial land offering comprises two contiguous parcels totaling approximately 4.49 acres. Both lots must be acquired together; separate sales are not available. The property is within McAllen Palms Business Park, with development subject to city zoning, permitting, and other applicable requirements.

Nearby land uses include industrial facilities and agricultural property. The site is near S. Old 10th Street and has access to McAllen’s commercial and industrial corridors.

Key Highlights

  • Approximately 4.49 acres across two adjacent parcels
  • Lots 4 and 5 are being sold together and are not available separately
  • Located in McAllen Palms Business Park

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Hair Salon Dental Office Spa & Massage Center Parking Lot & Garage Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

176
Businesses Nearby

Demographics for 78503, TX

23,604
Population
8,090
Households
2.9
Avg Household Size
35
Median Age
25%
College-Educated
71%
High-School Grad
19.2 sq mi
ZIP Area
1,229
Density / Sq Mi
$48,765
Median Household Income
$27,514
Median Earnings
$1,087
Median Rent
$130,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Two adjoining parcels are offered together for commercial or industrial development, subject to applicable zoning and approvals.
Where is this industrial land located?
The property is located at 1200 Melba Avenue McAllen McAllen, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Approximately 4.49 acres across two adjacent parcels; Lots 4 and 5 are being sold together and are not available separately; Located in McAllen Palms Business Park
More about this property
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