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    2511 Buddy Owens Ave McAllen, TX 78504

    For Sale
    $700,000

    Prime McAllen Location, 4,560 SF

    Property size:
    4,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial property, located at 2511 Buddy Owens Avenue in McAllen, Texas, presents a compelling investment opportunity. The 4,560 square foot building, constructed in 2004, sits on a 7,504.95 square foot lot. Its strategic location in the heart of McAllen offers unparalleled convenience, with proximity to the city's bus station, library, shopping centers, and a variety of restaurants. The property has recently undergone renovations, incorporating new amenities to enhance its appeal and functionality. This makes it ideal for a wide range of commercial uses, whether as a business headquarters, retail space, or for further development. The property's prime location within McAllen's thriving commercial landscape ensures strong potential for rental income or capital appreciation. This is a rare chance to acquire a well-maintained, conveniently located commercial property in a dynamic Texas market. The asking price is $700,000. The property is zoned for commercial use and is ready for immediate occupancy. This is a turnkey opportunity for savvy investors seeking a high-return investment in a rapidly growing area.

    Property Features for 2511 Buddy Owens Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,560 SF

    Building Details

    Year Built
    2004

    HighLights

    • 4,560 sq. ft. commercial building for sale in McAllen, TX.
    • Prime McAllen location near amenities including the bus station, library, shopping, and restaurants.
    • Recently renovated with new amenities.
    • Excellent investment opportunity in McAllen's thriving commercial market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2415423
    Latitude
    26.2471289

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    FAQs

    What type of property is this?
    Office Property / Space - Prime McAllen Location, 4,560 SF
    Where is this office property / space located?
    The property is located at 2511 Buddy Owens Ave McAllen, TX.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: 4,560 sq. ft. commercial building for sale in McAllen, TX.; Prime McAllen location near amenities including the bus station, library, shopping, and restaurants.; Recently renovated with new amenities.
    Request Owner's contact information
    2511 Buddy Owens Ave 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
    2511 Buddy Owens Ave McAllen, TX 78504
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