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    10811 Monte Cristo Rd McAllen, TX 78504

    Sponsored
    For Sale
    $370,000

    2-Acre Commercial/Residential Lot, Owner Financing

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 2-acre parcel of land presents a remarkable investment opportunity in McAllen, Texas. Located at 10811 Monte Cristo Road, 78504, this property boasts versatile zoning suitable for a variety of commercial uses, offering significant flexibility for developers. The land is essentially clear, requiring minimal site preparation, saving time and resources on pre-development activities. Its strategic location provides easy access to major highways and nearby amenities, ensuring high visibility and convenient access for potential businesses and residents. The asking price is $370,000, with attractive owner financing options available. A down payment of $60,000 is required, and the seller is open to negotiating terms. This property's combination of size, zoning flexibility, location, and financing options makes it an ideal choice for investors seeking a high-return opportunity in a thriving Texas market. The property is zoned for both commercial and residential use, expanding the potential development options. Its proximity to key transportation routes and local conveniences ensures strong potential for both commercial and residential projects. Don't miss this chance to acquire a prime piece of McAllen real estate. Contact us today to learn more and explore the possibilities.

    Property Features for 10811 Monte Cristo Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • $370,000 asking price.
    • 2‑acre commercial and residential land parcel.
    • Ready for development with minimal site preparation needed.
    • Versatile zoning allows for multiple commercial uses.
    • Owner financing available with $60,000 down payment; terms negotiable.
    • Excellent location near major highways and amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2322355
    Latitude
    26.2892001

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    FAQs

    What type of property is this?
    Land - 2-Acre Commercial/Residential Lot, Owner Financing
    Where is this land located?
    The property is located at 10811 Monte Cristo Rd McAllen, TX.
    What is the asking price?
    The asking price for this property is $370,000.
    What are key features of this property?
    This property features: $370,000 asking price.; 2-acre commercial and residential land parcel.; Ready for development with minimal site preparation needed.
    Request Owner's contact information
    10811 Monte Cristo Rd 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
    10811 Monte Cristo Rd McAllen, TX 78504
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