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    1700 Murphy Ave Donna, TX 78537

    For Lease
    Contact for pricing

    Prime Retail Space in Donna, TX. High-traffic location.

    Lot size:
    250,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity presents 16,085 square feet of immediately available space within the Shops at 493, a brand-new (2022) Class B power center totaling 250,000 square feet. Located at 1700 Murphy Ave in Donna, Texas (Hidalgo County, zip code 78537), this property boasts a highly visible location with pylon signage facing Expressway 83/IH-2, a major thoroughfare ensuring significant exposure to a large customer base. The Shops at 493 offers multiple tenancy options, with spaces ranging from a minimum of 2,085 square feet to a maximum contiguous space of 14,000 square feet. The property sits on 4.08 acres of land, with individual lot sizes ranging from 0.72 to 1.35 acres. The building features a 0.84 FAR. This is an ideal location for retailers and restaurants seeking high visibility and access to a thriving market, just 1.5 miles from Weslaco. The property is categorized as Retail and Restaurant, with a subtype of Retail. Don't miss this chance to establish your business in a dynamic and rapidly growing area.

    Property Features for 1700 Murphy Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    250,000 SF
    Class
    B

    Building Details

    Year Built
    2022

    Unit(s) available at that property

    Space
    Lot 3
    Size
    58,806 SF
    Space
    Lot 7B
    Size
    31,363 SF
    Space
    Shop Space 1
    Size
    1,721 SF
    Space
    Shop Space 2
    Size
    2,085 SF
    Space
    Lot 12
    Size
    43,560 SF

    HighLights

    • 16,085 SF of immediately available retail space in a new (2022) Class B power center.
    • 250,000 SF power center with multiple tenancy options (2,085 SF minimum).
    • High‑visibility location on Expressway 83/IH‑2 with pylon signage, exceeding 132,000 vehicles per day.
    • Located 1.5 miles from Weslaco, adjacent to a 186,000 SF Walmart Supercenter.
    • Easy access to Expressway 83 and FM 493.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dollar Tree Dollar Store Rack Room Shoes Shoe Store Five Below Variety Store Ross Dress for Less Clothing Store dd's DISCOUNTS Clothing Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Donna
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.04338
    Latitude
    26.1817785

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Space in Donna, TX. High-traffic location.
    Where is this restaurant located?
    The property is located at 1700 Murphy Ave Donna, TX.
    What are key features of this property?
    This property features: 16,085 SF of immediately available retail space in a new (2022) Class B power center.; 250,000 SF power center with multiple tenancy options (2,085 SF minimum).; High-visibility location on Expressway 83/IH-2 with pylon signage, exceeding 132,000 vehicles per day.
    Request Owner's contact information
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    Donna, TX 78537
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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
    1700 Murphy Ave Donna, TX 78537
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