Property profile

1 Buddy Owens Blvd McAllen, TX 78504

OFF-MARKET
Land
1.12 ac lot
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Property summary

AI-generated overview

This exceptional 1.12-acre commercial lot, located at Lot 1 Buddy Owens Blvd, McAllen, TX 78504, presents a unique opportunity for developers and businesses seeking a prime location in the thriving West Central McAllen area. Zoned for commercial use, this fully improved lot boasts readily available utilities, efficient drainage systems, attractive curbs and signage, and a pre-installed concrete parking lot, significantly reducing development time and costs. The property's strategic location offers unparalleled convenience, situated near established residential communities, ensuring a robust customer base. Proximity to shopping centers, schools, and diverse dining options further enhances its appeal. This makes it an ideal site for a wide range of professional and service-oriented businesses seeking high visibility and accessibility. The asking price for this exceptional property is $876,551. Located in Hidalgo County, Texas, this lot provides an excellent investment opportunity in a rapidly growing market. The address is easily accessible, situated on Buddy Owens Blvd, with convenient access to major roadways. Don't miss this chance to establish your business in a vibrant and strategically advantageous location. This fully serviced lot is ready for immediate development.

Property profile

Verified
Property type Land
Lot 1.12 ac (48,787 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1 Buddy Owens Blvd McAllen, TX 78504
McAllen metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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