717 E Ridge Road E McAllen, TX 78503
Commercial land suitable for retail, restaurant, banking, and hospitality.
Type:Land
Lot size:
2.34 Acres- Added:
- Feb 10, 2024
- Days on Market:
- 816
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 717 E Ridge Road E
General Information
- Standard status
- Active
- Lot size
- 2.34 Acres
- Property subtype
- Land
Listing agent Cesar Cepeda License #9010212
Listing office eXp Commercial
Listing date Feb 10, 2024
Source Crexi
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 eXp Commercial
HighLights
- High traffic location: 21,000 cars per day at the property, with 127,000 CPD just one block North.
- Suitable for diverse commercial uses: retail, restaurant, banking, hospitality, medical.
- Located outside of FEMA flooding zones.
- High population density: 140,000 residents within 5 miles.
- Zoned commercial with two lots totaling 2.34 acres.
- Proximity to major retailers, food chains, banks, hospitals, La Plaza Mall, and McAllen's International Airport.
Overview
Prime Commercial Land Available
This property is suitable for retail, restaurant, banking, hospitality, and medical purposes. The 2021 population within a 5-mile radius is approximately 140,000, with a significant number of international shoppers visiting the area annually. All major US banks maintain a presence in this location, indicating a high demand for restaurants catering to both local and international consumers. According to FEMA flood maps, the property is situated outside of designated flooding zones. Traffic volume at the property is approximately 21,000 cars per day, while traffic one block north on Expressway 83 reaches 127,000 cars per day. Major retailers, food chains, banks, hospitals, La Plaza Mall, and McAllen's International Airport are located within a short distance. The average annual hotel occupancy in the area is notably high due to international consumers. The property consists of two lots: Lot 2 with 1.07 acres and Lot 6 with 1.27 acres. Currently used for agricultural purposes, the property is zoned for commercial use. Adjacent parcels are available for buyers seeking a larger land tract.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Grupo Solis
Law Firm
Location Insight
- Map
- Local Demand
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.214566
- Latitude
- 26.185174
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Commercial land suitable for retail, restaurant, banking, and hospitality.
Where is this commercial land located?
The property is located at 717 E Ridge Road E McAllen, TX.
What is the asking price?
The asking price for this property is $1,529,000.
What are key features of this property?
This property features: High traffic location: **21,000 cars per day** at the property, with 127,000 CPD just one block North.; Suitable for diverse commercial uses: retail, restaurant, banking, hospitality, medical.; Located outside of FEMA flooding zones.
