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    Mccoll Rd McAllen, TX 78504

    For Sale
    $2,500,000

    1.946 Acres, Prime North McAllen Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.946-acre commercial land parcel presents a remarkable investment opportunity in the thriving North McAllen area. Located on a prominent corner at the intersection of Violet and McColl Roads, this property boasts high visibility and accessibility. Its strategic position offers unparalleled convenience, situated just one block from DHR Hospital, ensuring a steady stream of potential customers. The property's previous use included a small office building, which is slated for demolition, allowing for complete customization to suit your vision. While services were previously accessible to the office, the land is not fully developed, requiring the buyer to conduct a feasibility study and potentially arrange for necessary services to meet their project's needs. It's crucial for prospective buyers to independently verify current and future zoning regulations with the City of McAllen. This property is ideal for a variety of commercial ventures, including plazas, pharmacies, restaurants, or franchise establishments. The asking price is $2,500,000. All due diligence is the responsibility of the buyer. This is a rare opportunity to acquire a prime commercial site in a rapidly growing market. Don't miss out

    Property Features for 0 Mccoll Rd

    General Information

    Property type
    Land
    Lot Size
    84,768 SF

    HighLights

    • 1.946‑acre commercial land parcel in North McAllen, TX.
    • High‑visibility corner lot at Violet & McColl Roads, one block from DHR Hospital.
    • Previously used as a small office building (to be demolished); buyer to conduct feasibility study and verify zoning.
    • Ideal for plazas, pharmacies, restaurants, or franchises.
    • Asking price: $2,500,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2322355
    Latitude
    26.2892001

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    FAQs

    What type of property is this?
    Land - 1.946 Acres, Prime North McAllen Location
    Where is this land located?
    The property is located at Mccoll Rd 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: 1.946-acre commercial land parcel in North McAllen, TX.; High-visibility corner lot at Violet & McColl Roads, one block from DHR Hospital.; Previously used as a small office building (to be demolished); buyer to conduct feasibility study and verify zoning.
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    Mccoll Rd 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
    Mccoll Rd McAllen, TX 78504
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