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    Jackson Rd McAllen, TX 78577

    Sponsored
    For Sale
    $2,199,000

    Prime McAllen development land, 9.39 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 9.39-acre commercial land parcel presents a remarkable investment opportunity in McAllen, Texas. Located on N Jackson Rd near La Vista Ave in Hidalgo County, this property boasts a prime location ideal for a variety of development projects. The asking price is $2,199,000, translating to a land value of $5.37 per square foot. Its strategic positioning offers easy access to a range of amenities and conveniences. Nearby, residents and businesses will find established apartment complexes, indicating strong existing demand for housing in the immediate vicinity. Within a short distance, less than a mile away, is a Dollar General store, providing further evidence of the area's commercial viability. Furthermore, a variety of popular restaurants are located within a half-mile radius, including Delia's Tamales, Khans Grill, Lin's Express, and Bau Cuisine, enhancing the area's appeal and attracting potential residents and customers. This textbook real estate opportunity is perfectly suited for multifamily, single-family, or mixed-use developments, offering the advantageous investor a chance to create a significant and impactful project for the community. The property's zoning and potential uses should be verified independently. The zip code is 78577.

    Property Features for 0 Jackson Rd

    General Information

    Property type
    Land
    Lot Size
    409,028 SF

    HighLights

    • $2,199,000 asking price.
    • 9.39‑acre commercial land parcel.
    • $5.37/SF land value.
    • Broker co‑op available.
    • Located in McAllen, TX, on N Jackson Rd, Hidalgo County, zip code 78577.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1998887
    Latitude
    26.2244353

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    FAQs

    What type of property is this?
    Land - Prime McAllen development land, 9.39 acres.
    Where is this land located?
    The property is located at Jackson Rd McAllen, TX.
    What is the asking price?
    The asking price for this property is $2,199,000.
    What are key features of this property?
    This property features: $2,199,000 asking price.; 9.39-acre commercial land parcel.; $5.37/SF land value.
    (956) 451-2983
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    Jackson Rd McAllen, TX 78577
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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
    Jackson Rd McAllen, TX 78577
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