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Property profile & analytics
OFF-MARKET
Land

400 Date Palm St McAllen, TX 78501

1.16 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.16-acre commercial land parcel in McAllen, Texas, presents a prime development opportunity. Located at the bustling intersection of 2nd Street and Date Palm Avenue, this property boasts high visibility and accessibility, situated within a dense residential area. Currently zoned for C3 General Commercial use, it offers significant flexibility for various commercial developments. The site comprises two tracts: Tract I (0.338 acres, 14,706 sq ft, 76 ft x 213.5 ft) and Tract II (0.83 acres, 35,982 sq ft, 201 ft x 243.5 ft), allowing for multiple configuration options. This strategic location ensures strong demand for convenience-based services, making it ideal for retail centers, restaurants, medical offices, or service-oriented businesses. McAllen's rapid growth and the property's high visibility at a major intersection create a compelling investment opportunity to serve the thriving residential community. The property's zoning allows for a variety of uses, including but not limited to retail establishments, professional offices, medical facilities, and service businesses. This is a rare chance to capitalize on McAllen's booming market and establish a successful commercial venture in a high-demand area. The asking price is $765,000. The property's address is 400 Date Palm St, McAllen, TX 78501, and the zip code is 78501. The property is located in Hidalgo County.

Property profile
Verified
Property type Land
Lot 1.16 ac (50,530 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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