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    314 17Th St McAllen, TX 78501

    Sponsored
    For Sale
    $400,000

    Prime McAllen location, high foot traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 3,500.046 square foot commercial land parcel is situated at 314 S 17th Street in McAllen, Texas, zip code 78501. Built in 1970, this property presents a compelling investment opportunity in a vibrant, high-traffic area. Located in the heart of McAllen's downtown nightlife district, it enjoys unparalleled visibility and accessibility. Across the street from the iconic Cine El Rey, the property benefits from the proximity to numerous restaurants and thriving businesses. The area is experiencing significant new development, indicating a strong and growing market. This makes the land ideal for a variety of commercial ventures, including but not limited to, office spaces or a bar. The high volume of pedestrian traffic generated by the bustling nightlife scene ensures consistent exposure and potential for success. The asking price for this exceptional property is $400,000. This is a rare chance to acquire a strategically located commercial land parcel in a rapidly developing area with high foot traffic and significant potential for return on investment. Don't miss this opportunity to secure a piece of McAllen's thriving downtown core.

    Property Features for 314 17Th St

    General Information

    Property type
    Land

    Building Details

    Year Built
    1970

    HighLights

    • 3,500.046 SF commercial land parcel in McAllen, TX (78501).
    • Located at 314 S 17th Street, in McAllen's downtown nightlife district.
    • Built in 1970, high visibility and accessibility.
    • Across from Cine El Rey, near restaurants and businesses.
    • $400,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2384954
    Latitude
    26.2014201

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    FAQs

    What type of property is this?
    Land - Prime McAllen location, high foot traffic.
    Where is this land located?
    The property is located at 314 17Th St McAllen, TX.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 3,500.046 SF commercial land parcel in McAllen, TX (78501).; Located at 314 S 17th Street, in McAllen's downtown nightlife district.; Built in 1970, high visibility and accessibility.
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    314 17Th St McAllen, TX 78501
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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
    314 17Th St McAllen, TX 78501
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