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    2804 Ware Rd McAllen, TX 78501

    For Sale
    $640,000

    Prime McAllen lot, 37,026 sq ft, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 37,026 square foot commercial land parcel presents a remarkable investment opportunity in the thriving city of McAllen, Texas. Located at 2804 N Ware Road, this property boasts a highly desirable location on a major thoroughfare, ensuring excellent visibility and accessibility. Its strategic position within McAllen offers unparalleled convenience, with proximity to schools, the expressway, numerous shopping centers, and a wide array of restaurants. The property's substantial size provides ample space for a diverse range of development possibilities, catering to various commercial and residential ventures. The asking price is $640,000. This prime location in Hidalgo County, Texas, zip code 78501, offers significant potential for substantial return on investment. The property's coordinates are 26.233093 latitude and -98.25668 longitude. This is a rare chance to acquire a significant piece of land in a rapidly growing area of McAllen, making it an ideal choice for both seasoned investors and those seeking a promising new venture. Don't miss this opportunity to secure a piece of McAllen's vibrant future.

    Property Features for 2804 Ware Rd

    General Information

    Property type
    Land

    HighLights

    • $640,000 asking price.
    • 37,026 square foot lot.
    • Located at 2804 N Ware Road, McAllen, TX 78501.
    • High‑traffic location on Ware Road.
    • Minutes from schools, expressway, shopping, and restaurants.
    • Ideal for various commercial and residential uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.25668
    Latitude
    26.233093

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    FAQs

    What type of property is this?
    Land - Prime McAllen lot, 37,026 sq ft, high traffic area.
    Where is this land located?
    The property is located at 2804 Ware Rd McAllen, TX.
    What is the asking price?
    The asking price for this property is $640,000.
    What are key features of this property?
    This property features: $640,000 asking price.; 37,026 square foot lot.; Located at 2804 N Ware Road, McAllen, TX 78501.
    Request Owner's contact information
    2804 Ware Rd McAllen, TX 78501
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    McAllen, TX 78501
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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
    2804 Ware Rd McAllen, TX 78501
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