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Vacant Commercial Development Lot
For Sale
$425,000

512 E Wichita Ave, McAllen, TX 78503

Vacant commercial lot with utilities nearby for retail, office, restaurant, or mixed-use development.

Property SizeContact for details
Days on Market58

Property Features for 512 E Wichita Ave

General Information

Standard status Active
Property subtype Vacant Land
Listing Agency: Monarca Real Estate Group LLC
Listed By: Jisella Ortiz · License #0733033
Source: Aregtx
Added: Jul 4 Changed: Aug 23 Last Checked: Aug 29 at 12:04PM

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 Monarca Real Estate Group LLC

Investment Insights

Based on property information with market context.

This vacant commercial lot at 512 E Wichita Avenue in McAllen, TX offers a clean development canvas for retail, office, restaurant, or mixed-use concepts. The property is positioned for visibility and accessibility, with utilities located nearby (verify with the city).

According to the remarks, the lot is conveniently situated near major roads, shopping centers, and established businesses, supporting day-to-day convenience for future customers and users. The offering is presented as an opportunity for investors or developers looking to build in an active commercial corridor of the Rio Grande Valley.

Key Highlights

  • Vacant commercial lot in McAllen, TX, suitable for retail, office, restaurant, or mixed‑use development
  • Utilities are nearby (verify with city)
  • Located for convenient access near major roads and established businesses

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Auto Repair Shop Daycare Center Catering Service Accounting Firm

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

1,445
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Vacant commercial lot with utilities nearby for retail, office, restaurant, or mixed-use development.
Where is this commercial land located?
The property is located at 512 E Wichita Ave McAllen, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Vacant commercial lot in McAllen, TX, suitable for retail, office, restaurant, or mixed‑use development; Utilities are nearby (verify with city); Located for convenient access near major roads and established businesses
More about this property
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