906 Hwy McAllen, TX 78501
This exceptional retail property, the Miracle Mile Center, is located at 906 E Hwy 83 in McAllen, Texas, 78501. The single-building complex boasts a total of 60,000 square feet, offering multiple suites for lease. Currently, 3,000 square feet of space is immediately available, with a minimum leasable area of 3,000 square feet and a maximum contiguous space of 30,000 square feet. The building comprises four total suites. Ample parking is provided with 60 spaces available for tenants and customers. Situated on Business Highway 83, this property benefits from high traffic volume and excellent visibility, making it an ideal location for a variety of retail uses. The property's prime location is less than half a mile from the expressway, ensuring easy accessibility for customers. The versatile space is well-suited for a range of businesses, including retail stores, laundromats, fitness centers, and office spaces. This is a rare opportunity to secure a prominent retail space in one of McAllen's most desirable commercial areas. The property's convenient location and ample parking make it an attractive option for businesses seeking high visibility and customer convenience. Don't miss this chance to establish your business in a thriving McAllen location.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.