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    00 Ware Rd Edinburg, TX 78504

    For Sale
    $825,000

    Exceptional location, high development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 5-acre commercial land parcel presents a compelling investment opportunity in McAllen, Texas. Situated at the southwest corner of Ware Road and Old Mile 7 Road, this roughly 300' x 630' tract boasts a highly desirable location within the esteemed Sharyland School District. The property's expansive size offers significant development potential for a variety of commercial uses, catering to the growing needs of the McAllen area. The asking price for this prime piece of real estate is $825,000. Its strategic positioning at a major intersection ensures high visibility and accessibility, making it an ideal site for businesses seeking maximum exposure. The property is classified as commercial land and is located in Hidalgo County, Texas, with a zip code of 78504. The coordinates are 26.4120182 latitude and -98.2342282 longitude. This is a rare opportunity to acquire a substantial land holding in a thriving Texas market, promising significant returns for the discerning investor. Serious inquiries are encouraged to explore the full potential of this remarkable property.

    Property Features for 00 Ware Rd

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre commercial land parcel in McAllen, Texas, priced at $825,000.
    • Located at the southwest corner of Ware Road and Old Mile 7 Road, in the Sharyland School District.
    • Approximately 300' x 630' lot size, offering high visibility and accessibility.
    • Ideal for various commercial developments, catering to McAllen's growth.
    • Hidalgo County, Texas, zip code 78504 (26.4120182, -98.2342282).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Cafe & Coffee Shop Daycare Center Bakery Italian Restaurant Steakhouse

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2342282
    Latitude
    26.4120182

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    FAQs

    What type of property is this?
    Land - Exceptional location, high development potential.
    Where is this land located?
    The property is located at 00 Ware Rd Edinburg, TX.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: 5-acre commercial land parcel in McAllen, Texas, priced at $825,000.; Located at the southwest corner of Ware Road and Old Mile 7 Road, in the Sharyland School District.; Approximately 300' x 630' lot size, offering high visibility and accessibility.
    Request Owner's contact information
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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
    00 Ware Rd Edinburg, TX 78504
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