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717 E Ridge Road E, McAllen, TX 78503

Commercial land suitable for retail, restaurant, banking, and hospitality.

Property SizeContact for details
Lot Size2.34 Acres
Days on Market911

Property Features for 717 E Ridge Road E

General Information

Standard status Active
Lot size 2.34 Acres
Property subtype Land
Listing Agency: eXp Commercial
Listed By: Cesar Cepeda · License #9010212
Source: Crexi
Added: Feb 10, 2024 Changed: Aug 8 Last Checked: Aug 7 at 8:29AM

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

Investment Insights

Based on property information with market context.

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.

Key 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.

Property Analytics

Current Use

Grupo Solis Law Firm

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Parking Lot & Garage Electrical Service Garden Center

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

1,443
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
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Frequently Asked Questions

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.
More about this property
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