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    3701 Expressway 83 McAllen, TX 78501

    For Lease
    $31 SF/Yr

    Prime 1.57-acre lot, high traffic area.

    Lot size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.572-acre commercial land parcel presents a remarkable investment opportunity in McAllen, Texas. Situated at 3701 W Expressway 83, this single-tenant property boasts a prime location within one of the city's busiest retail districts, ensuring high visibility and substantial foot traffic. The site offers easy access and is strategically surrounded by a dense concentration of retail establishments, maximizing exposure and potential customer base. Its convenient proximity to major arterial roads provides seamless connectivity, with effortless access to Interstate 2. The property is designated by APN S643202000000500 and is suitable for a variety of commercial developments. The lot size is 1.572 acres, and while there are no on-site parking spaces included, the high traffic volume and surrounding infrastructure mitigate this. The property is currently designated for single-tenant occupancy, offering a unique opportunity for a business seeking a high-profile location with excellent visibility and accessibility. This is an exceptional chance to acquire a well-positioned commercial land parcel in a thriving retail hub. The property's size and location make it ideal for a variety of commercial uses.

    Property Features for 3701 Expressway 83

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,000 SF

    Unit(s) available at that property

    Space
    Size
    3,000 SF
    Rate per SF
    $31

    HighLights

    • 1.572‑acre commercial land parcel.
    • Single‑tenant property.
    • Located in a high‑traffic retail district of McAllen, TX.
    • Excellent visibility and accessibility.
    • Close proximity to major arterial roads and I‑2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Five Guys Fast Food Restaurant KATO SUSHI Japanese Restaurant AT&T Store Cell Phone Store AT&T - Internet Service ... Internet Service Provider NAPO Today's Pizza Pizza Restaurant

    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
    -98.2322355
    Latitude
    26.2188442

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    FAQs

    What type of property is this?
    Land - Prime 1.57-acre lot, high traffic area.
    Where is this land located?
    The property is located at 3701 Expressway 83 McAllen, TX.
    What is the lease rate?
    The lease rate is $31 SF/Yr.
    What are key features of this property?
    This property features: 1.572-acre commercial land parcel.; Single-tenant property.; Located in a high-traffic retail district of McAllen, TX.
    Request Owner's contact information
    3701 Expressway 83 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
    3701 Expressway 83 McAllen, TX 78501
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