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    1 Buddy Owens Blvd McAllen, TX 78504

    For Sale
    $876,551

    1.12-acre lot, ready to build. Prime McAllen location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1.12-acre commercial lot, located at Lot 1 Buddy Owens Blvd, McAllen, TX 78504, presents a unique opportunity for developers and businesses seeking a prime location in the thriving West Central McAllen area. Zoned for commercial use, this fully improved lot boasts readily available utilities, efficient drainage systems, attractive curbs and signage, and a pre-installed concrete parking lot, significantly reducing development time and costs. The property's strategic location offers unparalleled convenience, situated near established residential communities, ensuring a robust customer base. Proximity to shopping centers, schools, and diverse dining options further enhances its appeal. This makes it an ideal site for a wide range of professional and service-oriented businesses seeking high visibility and accessibility. The asking price for this exceptional property is $876,551. Located in Hidalgo County, Texas, this lot provides an excellent investment opportunity in a rapidly growing market. The address is easily accessible, situated on Buddy Owens Blvd, with convenient access to major roadways. Don't miss this chance to establish your business in a vibrant and strategically advantageous location. This fully serviced lot is ready for immediate development.

    Property Features for 1 Buddy Owens Blvd

    General Information

    Property type
    Land
    Lot Size
    48,787 SF

    HighLights

    • 1.12‑acre commercial lot in McAllen, TX, located at Lot 1 Buddy Owens Blvd, priced at $876,551.
    • Zoned commercial, fully improved with utilities, drainage, curbs, signage, and a pre‑installed concrete parking lot.
    • Prime West Central McAllen location near residential areas, shopping, schools, and restaurants.
    • Excellent investment opportunity in a rapidly growing market with easy access to major roadways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2555157
    Latitude
    26.2496791

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    FAQs

    What type of property is this?
    Land - 1.12-acre lot, ready to build. Prime McAllen location.
    Where is this land located?
    The property is located at 1 Buddy Owens Blvd McAllen, TX.
    What is the asking price?
    The asking price for this property is $876,551.
    What are key features of this property?
    This property features: 1.12-acre commercial lot in McAllen, TX, located at Lot 1 Buddy Owens Blvd, priced at $876,551.; Zoned commercial, fully improved with utilities, drainage, curbs, signage, and a pre-installed concrete parking lot.; Prime West Central McAllen location near residential areas, shopping, schools, and restaurants.
    (956) 223-0586
    Request Owner's contact information
    1 Buddy Owens Blvd 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
    1 Buddy Owens Blvd McAllen, TX 78504
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