Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    9800 23Rd St McAllen, TX 78504

    For Sale
    $2,500,000

    Prime 14-acre tract, ideal for mixed-use development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 14.33-acre property, located at 9800 23rd Street in McAllen, Texas, presents a significant investment opportunity. Zoned for both commercial and residential use, this expansive lot offers unparalleled potential for a variety of development projects. Situated in Hidalgo County, with a convenient 78504 zip code, the land boasts excellent accessibility and visibility. The asking price is $2,500,000. Given its size and dual zoning, this property is well-suited for a mixed-use development, combining commercial ventures with residential housing. The location in McAllen, a thriving Texas city, ensures strong potential for both rental income and property appreciation. This large parcel provides ample space for creative development plans, catering to a diverse range of needs and market demands. The latitude and longitude coordinates are 26.2937934 and -98.2284114 respectively. Serious inquiries are encouraged to explore the possibilities this unique property offers. This is a rare opportunity to acquire a substantial land holding in a rapidly growing area. The property's versatility makes it an attractive investment for developers seeking to capitalize on the dynamic McAllen real estate market.

    Property Features for 9800 23Rd St

    General Information

    Property type
    Land
    Lot Size
    624,215 SF

    HighLights

    • 14.33‑acre commercial/residential lot in McAllen, TX.
    • Located at 9800 23rd Street, McAllen, TX 78504.
    • Asking price: $2,500,000.
    • Excellent accessibility and visibility.
    • Suitable for mixed‑use development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2284114
    Latitude
    26.2937934

    Nearby Similar for Sale

    • $460,000
      3,024 SF

      Modern Triplex: Investment Opportunity

      Well-maintained triplex built in 2023 with immediate rental income.
      2208 Galveston Ave, McAllen, TX 78501
      View Details
    • $1,025,000
      8,493 SF

      Multi-Suite Commercial Property in McAllen

      High-visibility commercial property with warehouse space and income potential.
      1101 E Dallas Ave, McAllen, TX 78501
      View Details
    • $800,000
      4,963 SF

      McAllen Office Building For Sale

      Freestanding office building in North McAllen with two units.
      6316 N 10Th St, McAllen, TX 78504
      View Details
    • $949,000
      Pending

      Finished Office Space Near Nolana

      Spacious, high-end office ideal for legal or professional practices.
      1305 E Nolana Ave, McAllen, TX 78504
      View Details
    • $2,900,000
      7,890 SF

      Profitable Auto Shop on Trenton

      Fully operational oil and lube business on high-traffic Trenton Road.
      2600 Trenton Rd, McAllen, TX 78504
      View Details
    • $379,000
      2,349 SF

      McAllen Duplex Built in 2016

      Well-maintained duplex in McAllen, TX, with modern amenities and tenant occupancy.
      308 N 17Th St, McAllen, TX 78501
      View Details

    FAQs

    What type of property is this?
    Land - Prime 14-acre tract, ideal for mixed-use development.
    Where is this land located?
    The property is located at 9800 23Rd St McAllen, TX.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 14.33-acre commercial/residential lot in McAllen, TX.; Located at 9800 23rd Street, McAllen, TX 78504.; Asking price: $2,500,000.
    Request Owner's contact information
    9800 23Rd St McAllen, TX 78504
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9800 23Rd St
    McAllen, TX 78504
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    9800 23Rd St McAllen, TX 78504
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.