1020 Ash Ave McAllen, TX 78501
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.
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Designers Associated Architect
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McAllen Motor Mart Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.