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    312 17Th St McAllen, TX 78501

    Sponsored
    For Sale
    $659,000

    7,000 SF, Move-In Ready, Prime Location

    Property size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,000 square foot property, situated on a 7,000.092 square foot lot at 312 S 17th Street in McAllen, Texas, presents a unique investment opportunity. Built in 2018, this versatile space boasts a prime downtown location, directly across from Cine el Rey, ensuring high visibility and foot traffic. Previously occupied by a bar and a coffee shop, the property is adaptable to a variety of commercial uses, including restaurant, warehouse, or retail. The spacious layout offers ample room for operations and growth, with customizable space options to meet specific business needs. The property is move-in ready, eliminating extensive renovation costs and allowing for a quick start to operations. Its location in the heart of McAllen's vibrant downtown area provides unparalleled access to local amenities and a thriving community. The property's zoning and permitted uses should be verified independently. This is a rare opportunity to acquire a well-located, versatile commercial property in a rapidly growing Texas market. The asking price is $659,000. The property's address is 312 S 17th Street, McAllen, TX 78501.

    Property Features for 312 17Th St

    General Information

    Property type
    Restaurants
    Square Feet
    7,000 SF

    Building Details

    Year Built
    2018

    HighLights

    • $659,000 asking price.
    • 7,000 square foot lot in McAllen, TX.
    • 2018 construction.
    • Prime downtown McAllen location across from Cine el Rey.
    • Previously operated as a bar and coffee shop; move‑in ready.
    • Customizable space options for various business needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nomad Coffee Co. Coffee Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2385626
    Latitude
    26.2015139

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    FAQs

    What type of property is this?
    Restaurant - 7,000 SF, Move-In Ready, Prime Location
    Where is this restaurant located?
    The property is located at 312 17Th St McAllen, TX.
    What is the asking price?
    The asking price for this property is $659,000.
    What are key features of this property?
    This property features: $659,000 asking price.; 7,000 square foot lot in McAllen, TX.; 2018 construction.
    Request Owner's contact information
    312 17Th St 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
    312 17Th St McAllen, TX 78501
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