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    3224 Buddy Owens Blvd McAllen, TX 78504

    For Lease
    $33 SF/Yr

    High-traffic location, 19,000+ sq ft lot

    Lot size:
    1,050 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial land parcel, located at 3224 Buddy Owens Boulevard #A in McAllen, Texas, presents a unique investment opportunity. The property boasts a substantial 19,083.2 square foot lot, providing ample space for development. The site is ideally situated on the busy Buddy Owens Boulevard, ensuring high visibility and accessibility for any business. With 15 total parking spaces, the property offers convenient parking for customers and employees. The property is designated as a single-tenant space, currently consisting of a 1,050 square foot building. The APN is R375601000000100. This prime location in McAllen, TX (zip code 78504) benefits from its proximity to thriving residential areas, schools, and shopping centers, creating a dynamic and supportive community environment. The high traffic volume on Buddy Owens Boulevard guarantees significant exposure for any business established here. This property is perfect for entrepreneurs seeking a strategic location to establish and grow their business within a vibrant and rapidly developing area. The single-tenant setup offers flexibility and control, while the ample parking ensures customer convenience. This is a rare opportunity to acquire a well-positioned commercial property in a high-growth market.

    Property Features for 3224 Buddy Owens Blvd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,050 SF

    Unit(s) available at that property

    Space
    A
    Size
    1,050 SF
    Rate per SF
    $33
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.249994
    Latitude
    26.2493829

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    FAQs

    What type of property is this?
    Land - High-traffic location, 19,000+ sq ft lot
    Where is this land located?
    The property is located at 3224 Buddy Owens Blvd McAllen, TX.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    Request Owner's contact information
    3224 Buddy Owens Blvd McAllen, 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
    3224 Buddy Owens Blvd McAllen, TX 78504
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