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    2301 23Rd St McAllen, TX 78501

    For Lease
    $3 SF/Yr

    Prime Retail Land, High Traffic Area

    Lot size:
    9,460 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial land parcel, located at 2301 N 23rd Street in McAllen, Texas, presents a unique investment opportunity. The property boasts a substantial 28,310.08 square foot lot size, zoned CO, and features a single-tenant building totaling 9,460 square feet. The property's APN is L211500000000200. Ample parking is available with 34 spaces provided. This prime location within AVANTA PLAZA offers unparalleled visibility and exposure due to high traffic counts, ensuring maximum foot traffic for any business. Its strategic placement near schools, shopping centers, and residential areas guarantees a strong customer base. The property's modern design and convenient accessibility make it an ideal location for businesses seeking to expand or establish themselves in a thriving McAllen community. This is a rare chance to secure a prominent position in one of McAllen's most desirable commercial corridors, offering significant potential for growth and return on investment. The property is ready for immediate occupancy and presents a compelling opportunity for a variety of commercial uses. Don't miss this chance to capitalize on this exceptional location and build your business success.

    Property Features for 2301 23Rd St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,460 SF

    Unit(s) available at that property

    Space
    Size
    9,460 SF
    Rate per SF
    $3

    HighLights

    • Land and retail property in McAllen, Texas.
    • Single‑tenant occupancy.
    • 28,310.08 square foot lot.
    • 34 parking spaces.
    • CO Zoning.
    • APN: L211500000000200.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.24208
    Latitude
    26.2270118

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Land, High Traffic Area
    Where is this retail property located?
    The property is located at 2301 23Rd St McAllen, TX.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: Land and retail property in McAllen, Texas.; Single-tenant occupancy.; 28,310.08 square foot lot.
    Request Owner's contact information
    2301 23Rd St McAllen, TX 78501
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    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
    2301 23Rd St McAllen, TX 78501
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