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    7701 29Th St McAllen, TX 78504

    For Lease
    $26 SF/Yr

    Prime McAllen location; versatile commercial space.

    Lot size:
    1,320 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional McAllen, Texas commercial property at 7701 N 29th St, 78504, offers a unique blend of land and building opportunities. The 1.451-acre lot provides ample space for expansion or future development, while the existing 1,320 square foot building offers immediate occupancy. The property is designated as Commercial, with a single tenant occupancy. The building itself is suitable for a variety of uses, from retail to office space, making it an ideal investment for entrepreneurs and established businesses alike. With 40 parking spaces available, ample parking is ensured for customers and employees. The property's location within a thriving business district offers excellent visibility and accessibility, providing a strategic advantage for any business seeking to establish or expand its presence in McAllen. The property's APN is A268100000002700. This is a single-tenant property with no building suites. This presents a rare opportunity to acquire a well-situated commercial property with significant potential for growth and return on investment. The property's modern amenities and well-maintained facilities contribute to a seamless and professional environment.

    Property Features for 7701 29Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,320 SF

    Unit(s) available at that property

    Space
    2
    Size
    1,320 SF
    Rate per SF
    $26

    HighLights

    • 1.451‑acre commercial land parcel.
    • Single‑tenant commercial property.
    • 1,320 square foot building.
    • 40 parking spaces.
    • APN: A268100000002700.
    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
    -98.2424264
    Latitude
    26.2756608

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    FAQs

    What type of property is this?
    Retail property - Prime McAllen location; versatile commercial space.
    Where is this retail property located?
    The property is located at 7701 29Th St McAllen, TX.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: 1.451-acre commercial land parcel.; Single-tenant commercial property.; 1,320 square foot building.
    Request Owner's contact information
    7701 29Th St McAllen, TX 78504
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    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
    7701 29Th St McAllen, TX 78504
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