Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7337 Bentsen Rd McAllen, TX 78503
    Back to Search
    Property profile & analytics

    7337 Bentsen Rd, McAllen, TX 78503

    View on Map
    • Land
    • 2.98 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 7337 Bentsen Rd

    Lot size
    2.98 lot acres
    Property type
    Land

    Description

    This exceptional 2.98-acre commercial land parcel presents a compelling investment opportunity in McAllen, Texas. Located at 7337 S Bentsen Road, within Hidalgo County, zip code 78503, this property is zoned I-2 Heavy Industrial, offering significant potential for various development projects. Its prime location provides convenient access to major transportation routes and highways, making it ideal for businesses requiring efficient logistics. The property's size and zoning make it suitable for a range of uses, including manufacturing, warehousing, and logistics facilities. Prospective buyers are encouraged to independently verify zoning regulations with the City of McAllen to ensure alignment with their intended development plans. Given the ongoing increase in demand for industrial space in this thriving area, this land represents a strategic investment for businesses seeking expansion or investors aiming to capitalize on the robust industrial sector. The asking price for this exceptional property is $699,000. This is a rare opportunity to acquire a substantial land holding in a high-demand location.

    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
    -98.2791
    Latitude
    26.1448

    Comparable in this City

    • Value Estimation by Request

      6801 10Th St

      Distribution properties
      6801 10Th St, McAllen, TX 78503
      View Details
    • Value Estimation by Request

      2701 Expy 83 Hwy

      Land
      2701 Expy 83 Hwy, McAllen, TX 78503
      View Details
    • Value Estimation by Request

      2711 23Rd St

      Office Spaces
      2711 23Rd St, McAllen, TX 78503
      View Details
    • Value Estimation by Request

      4037 Of Expy 83

      Retail properties & Spaces
      4037 Of Expy 83, McAllen, TX 78503
      View Details
    • Value Estimation by Request
      2.67 Acres

      1913 Cynthia St

      Land
      1913 Cynthia St, McAllen, TX 78503
      View Details
    • Value Estimation by Request
      2.68 Acres

      901 Rdg Ave

      Land
      901 Rdg Ave, McAllen, TX 78503
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land Near McAllen Medical Center

      Land for sale near McAllen's medical center and I-2.
      106 E Toronto Ave, McAllen, TX 78503
      View Details
    • Contact for pricing

      Commercial Land with Highway Access

      Land with visibility and access from I-2 in McAllen.
      1400 E Jackson Ave, McAllen, TX 78503
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      3,267 SF

      McAllen Commercial Land & Office Space

      Prime McAllen location, 3,267 sq ft, 1.179 acres.
      2017 10Th St, McAllen, TX 78503
      View Details
    • $17 SF/Yr
      2,025 SF

      McAllen Warehouse: Prime Location

      Spacious warehouse, ideal for storage & distribution.
      1917 Tanya Ave, McAllen, TX 78503
      View Details
    • Contact for pricing

      McAllen Land For Lease

      Land available for lease in McAllen, Texas.
      1700 S 23Rd St, McAllen, TX 78503
      View Details
    • $17 SF/Yr
      2,025 SF

      McAllen Warehouse: Prime Location

      Spacious warehouse, ideal for storage & distribution.
      1917 Tanya Ave, McAllen, TX 78503
      View Details
    • $17 SF/Yr
      2,025 SF

      Warehouse Space Near McAllen

      Prime McAllen warehouse, 2,025 sq ft.
      1917 Tanya Ave, McAllen, TX 78503
      View Details
    • Contact for pricing

      Prime Land for Lease

      Commercial land available for lease in high-traffic retail corridor.
      1501 Expressway 83 W, McAllen, TX 78503
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7337 Bentsen Rd
    McAllen, TX 78503
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7337 Bentsen Rd, McAllen, TX, 78503
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!