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    8704 10Th St McAllen, TX 78504

    For Sale
    $5,817,875

    Prime McAllen commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 11.13-acre commercial tract is strategically located in North McAllen's rapidly expanding area, offering significant development potential. The property boasts ample frontage on North 10th Street, making it an ideal site for a commercial development center. Currently, the land is improved with coastal Bermuda pasture, featuring a small herd of registered Santa Gertrudis cattle and donkeys. This agricultural use currently benefits from an agricultural exemption. The property is fully fenced, with heavy-duty three-inch drill pipe fencing along the west boundary (North 10th Street) and net wire fencing on the remaining sides. The entire parcel was rezoned to C3 General Commercial zoning on November 23, 2015. The property is situated approximately 600 feet south of Northgate Lane. Note that mineral rights are not included in this sale. Opportunities exist for expansion, with additional acreage available to the northeast. This property presents a rare chance to acquire a significant commercial parcel in a high-growth area of McAllen, Texas. The asking price is $5,817,875. The address is 8704 N 10th Street, McAllen, TX 78504.

    Property Features for 8704 10Th St

    General Information

    Property type
    Land
    Lot Size
    484,823 SF

    HighLights

    • $5,817,875 asking price.
    • 11.13‑acre commercial land parcel.
    • Located in McAllen, TX, at 8704 N 10th Street, Hidalgo County, zip code 78504.
    • C3 General Commercial zoning.
    • Excellent location in North McAllen's high‑growth area with ample 10th Street frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.214327
    Latitude
    26.2818109

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    FAQs

    What type of property is this?
    Land - Prime McAllen commercial land, ideal for development.
    Where is this land located?
    The property is located at 8704 10Th St McAllen, TX.
    What is the asking price?
    The asking price for this property is $5,817,875.
    What are key features of this property?
    This property features: $5,817,875 asking price.; 11.13-acre commercial land parcel.; Located in McAllen, TX, at 8704 N 10th Street, Hidalgo County, zip code 78504.
    Request Owner's contact information
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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
    8704 10Th St McAllen, TX 78504
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