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    Toronto Ave McAllen, TX 78503
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    Property profile & analytics

    Toronto Ave, McAllen, TX 78503

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    • Land
    • 2.27 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Toronto Ave

    Lot size
    2.27 lot acres
    Property type
    Land

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2213
    Latitude
    26.1833
    More about this property
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