0 Toronto Ave McAllen, TX 78503
This exceptional 2.27-acre commercial and residential land parcel presents a unique investment opportunity in McAllen, Texas. Located at 0 E Toronto Avenue, zip code 78503, in Hidalgo County, this irregularly shaped property is zoned C-3, offering significant development potential. However, prospective buyers should be aware that the property requires subdivision before development can commence. Access to the property needs to be addressed to fully realize its potential. A key feature is the existing 35-foot ingress and egress easement providing access to 2nd Street, as detailed in the subdivision plat. The asking price for this substantial land holding is $1,199,000. Given its size, zoning, and location in McAllen, this property represents a compelling opportunity for developers and investors seeking a strategic land acquisition in a thriving Texas market. The property's latitude and longitude coordinates are 26.1833148, -98.2212967 respectively. Prospective purchasers are advised to conduct their own due diligence regarding access and subdivision requirements.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.