Property profile

0 Thomas Rd McAllen, TX 78501

OFF-MARKET
Land
4.73 ac lot
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Property summary

AI-generated overview

This exceptional 4.73-acre farm presents a compelling investment opportunity in McAllen, Texas. Strategically located on West Thomas Road, between McColl Road and Jackson Road, this C-3 zoned property benefits from its proximity to major transportation arteries, including Interstate 2 and I-69, as well as the Hidalgo International Bridge, Pharr Bridge, and Anzaldua Bridge. Its advantageous position near the McAllen Foreign Trade Zone further enhances its potential. The property is situated south of the southwest corner of Dicker Road and McColl Road, within an Opportunity Zone, offering significant tax advantages. While the property's current zoning is C-3, potential buyers are responsible for verifying all aspects of development, use, and zoning with the City and relevant governmental authorities before making a purchase decision. Comprehensive Covenants, Conditions, and Restrictions (CCRs) and a survey are available for review. The asking price for this remarkable property is $799,000. This represents a unique chance to acquire a substantial parcel of land in a rapidly growing area with excellent access to key infrastructure and international trade routes.

Property profile

Verified
Property type Land
Lot 4.73 ac (206,082 SF)

Cap rate & NOI

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

Location

Thomas Rd McAllen, TX 78501
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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