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Property profile & analytics
OFF-MARKET
Warehouses

1020 Ash Ave McAllen, TX 78501

Built 1984
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 1020 Ash Avenue in McAllen, Texas, 78501, presents a unique investment opportunity. The building, constructed in 1984, boasts a total area of 20,206 square feet, according to the Hidalgo District Appraisal District. This space is ideally suited for a variety of uses, offering flexibility for discerning investors. Approximately 7,560 square feet is designated for retail use, while approximately 12,646 square feet is currently configured as a machine shop. The property's strategic location near the intersection of Business Highway 83 and 10th Street in McAllen provides excellent visibility and accessibility. Its versatile layout makes it suitable for a range of commercial ventures, including retail establishments, event centers, or professional office spaces. The asking price for this substantial property is $1,500,000. The property sits on a larger lot of 21,200.216 square feet, offering potential for future expansion or development. This is a rare opportunity to acquire a well-located, adaptable commercial building in a thriving Texas market. Don't miss this chance to secure a valuable asset with significant potential for growth and return on investment.

Property profile
Verified
Property type Warehouses
Year built 1984
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Designers Associated Architect
  • McAllen Motor Mart Car Dealership
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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