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    118 Pecan Blvd McAllen, TX 78501

    Sponsored
    For Sale
    $3,300,000

    Prime McAllen location, high-growth potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 6.22-acre commercial land parcel presents a compelling investment opportunity in McAllen, Texas. Located at 118 E Pecan Boulevard, in Hidalgo County, zip code 78501, this property boasts high visibility and accessibility, making it suitable for a wide range of commercial ventures. Its prime location offers significant advantages for developers seeking to capitalize on McAllen's robust economic expansion. The property's size allows for substantial development, accommodating projects such as retail centers, medical facilities, or mixed-use developments. The surrounding area is well-established, with convenient access to shopping centers, diverse dining options, medical facilities, and educational institutions. This strategic location within a high-demand area ensures strong potential for future appreciation and return on investment. The property's considerable size and prime location in a thriving commercial market make it an exceptional opportunity for investors and developers seeking to establish a significant presence in McAllen. This is a rare chance to acquire a substantial land holding in a rapidly growing Texas city. The asking price for this remarkable property is $3,300,000.

    Property Features for 118 Pecan Blvd

    General Information

    Property type
    Land
    Lot Size
    271,117 SF

    HighLights

    • 6.22‑acre commercial land parcel in McAllen, TX.
    • Located at 118 E Pecan Blvd, Hidalgo County, 78501.
    • High visibility and accessibility, ideal for various commercial uses.
    • Suitable for retail, medical, or mixed‑use development.
    • Strong potential for ROI in a high‑demand area.
    • Asking price: $3,300,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Charles A Banker III ... Attorney Ruiz Law Firm ... Employment Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.215711
    Latitude
    26.2159597

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    FAQs

    What type of property is this?
    Land - Prime McAllen location, high-growth potential.
    Where is this land located?
    The property is located at 118 Pecan Blvd McAllen, TX.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: 6.22-acre commercial land parcel in McAllen, TX.; Located at 118 E Pecan Blvd, Hidalgo County, 78501.; High visibility and accessibility, ideal for various commercial uses.
    (956) 994-9393
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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
    118 Pecan Blvd McAllen, TX 78501
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