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    Mccoll Rd Edinburg, TX 78504

    Sponsored
    For Sale
    $2,500,000

    Prime McAllen location, multi-use potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.92-acre commercial property presents a remarkable investment opportunity in the thriving North McAllen area of Texas. Ideally situated just one block from prominent medical facilities including DHR and Driscoll Hospitals, this land boasts unparalleled accessibility and visibility. The surrounding area is densely populated with a mix of residential and commercial establishments, including banks, pharmacies, convenience stores, and diverse restaurants, ensuring high foot traffic and strong consumer demand. The property's zoning allows for a variety of commercial uses, making it suitable for a wide range of development projects. Potential uses include, but are not limited to, a pharmacy, convenience store, commercial strip center, or medical clinic. The expansive lot size offers ample space for a significant development, catering to the growing needs of the community. This prime location in McAllen, Texas, offers an exceptional chance to capitalize on the area's robust economic growth and high demand for commercial properties. The asking price for this exceptional property is $2,500,000. The property is located at TBD N Mccoll, McAllen, TX 78504, in Hidalgo County. This is a rare opportunity to acquire a large parcel of land in a highly desirable and rapidly developing area. Don't miss out on this chance to secure a valuable asset in a prime location.

    Property Features for 0 Mccoll Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    127,195 SF

    HighLights

    • 2.92‑acre commercial lot in North McAllen, TX.
    • One block from DHR and Driscoll Hospitals, offering high visibility and accessibility.
    • Zoned for various commercial uses, including medical, retail, and restaurants.
    • $2,500,000 asking price.
    • Located at TBD N Mccoll, McAllen, TX 78504, Hidalgo County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1918894
    Latitude
    26.3192415

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    FAQs

    What type of property is this?
    Multifamily property - Prime McAllen location, multi-use potential.
    Where is this multifamily property located?
    The property is located at Mccoll Rd Edinburg, TX.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 2.92-acre commercial lot in North McAllen, TX.; One block from DHR and Driscoll Hospitals, offering high visibility and accessibility.; Zoned for various commercial uses, including medical, retail, and restaurants.
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    Mccoll Rd Edinburg, TX 78504
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    Edinburg, TX 78504
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    Realmo Value Estimation

    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.

    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.

    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
    Mccoll Rd Edinburg, TX 78504
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