Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Bentsen Rd McAllen, TX 78501

    • Land
    • 7.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Bentsen Rd

    Lot size
    7.00 lot acres
    Property type
    Land

    Description

    This exceptional 7-acre commercial land parcel presents a remarkable investment opportunity in McAllen, Texas. Located at 0 Bentsen Road S, this property boasts a highly desirable C-3 General Commercial zoning designation, opening doors to a wide range of development possibilities. The expansive lot offers significant frontage access from three sides: Ware Road, Kennedy Avenue, and Market Center Drive, providing excellent visibility and accessibility. Its strategic location places it in close proximity to Expressway 83, ensuring convenient access to major transportation routes. The property's advantageous position is further enhanced by its proximity to the Harley-Davidson dealership, situated directly to the south. This prime location offers significant development potential for businesses seeking high visibility and convenient access. The 78501 zip code places the property within a thriving commercial area of McAllen. While this specific 7-acre parcel is listed at $2,450,000, it's important to note that similar nearby properties are also available. For example, a 6-acre site adjacent to Westside Park Soccer Fields and Pond is listed separately at $2,600,000. This presents a unique opportunity to acquire a significant land holding in a rapidly growing area of McAllen. The property's size and zoning make it suitable for a variety of commercial ventures.

    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
    -98.2705
    Latitude
    26.1995

    Comparable in this City

    • Value Estimation by Request
      1.45 Acres

      Mccoll Rd

      Land • 1.45 Acres
      0 Mccoll Rd, McAllen, TX 78501
      View Details
    • Value Estimation by Request
      4.76 Acres

      Dicker Rd

      Land • 4.76 Acres
      0 Dicker Rd, McAllen, TX 78501
      View Details
    • Value Estimation by Request
      1.55 Acres

      Dicker Rd

      Farms • 1.55 Acres
      0 Dicker Rd, McAllen, TX 78501
      View Details
    • Value Estimation by Request

      113 Us Hwy 83 Hwy

      Land
      113 Us Hwy 83 Hwy, McAllen, TX 78501
      View Details
    • Value Estimation by Request
      2.50 Acres

      901 Bentsen Rd

      Land • 2.50 Acres
      901 Bentsen Rd, McAllen, TX 78501
      View Details
    • Value Estimation by Request
      1.43 Acres

      4801 Pecan Blvd

      Land • 1.43 Acres
      4801 Pecan Blvd, McAllen, TX 78501
      View Details

    Similar Nearby for Sale

    • $5,292,540
      27.00 Acres

      McAllen Commercial Farmland - 27 Acres

      Prime McAllen land, 27 acres, ideal for development.
      0 Mccoll Rd, McAllen, TX 78501
      View Details
    • $2,100,000
      6.00 Acres

      McAllen Hotel Development Site

      6-Acre prime hotel land near convention center.
      0 Kennedy Ave, McAllen, TX 78501
      View Details
    • $4,875,059
      22.84 Acres

      McAllen Commercial Land - 22.84 Acres

      Prime McAllen acreage, ideal for development.
      00 Mccoll Rd, McAllen, TX 78501
      View Details
    • $430,000

      McAllen Commercial Land Investment

      Prime McAllen location, 8,851 sq ft lot.
      1209 Pecan Blvd, McAllen, TX 78501
      View Details
    • $1,990,000
      2.25 Acres

      McAllen Commercial Land - $1.99M

      2.25-acre commercial lot, Expressway 83 frontage.
      4421 Expressway 83, McAllen, TX 78501
      View Details
    • $600,000

      McAllen CBD Office & Land Investment

      Prime Downtown McAllen Office Building & Land
      516-518 Broadway St, McAllen, TX 78501
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      3,000 SF

      McAllen Commercial Land - Highway 83

      Prime McAllen location, 5 acres, high visibility.
      906 Us Highway 83, McAllen, TX 78501
      View Details
    • $18 SF/Yr
      15,184 SF

      McAllen Retail Land Investment Opportunity

      Prime McAllen location, 2.76 acres, 170 parking spaces.
      1001 Jackson Rd, McAllen, TX 78501
      View Details
    • $18 SF/Yr
      2,450 SF

      McAllen Retail Space - 2,450 SF

      High-visibility retail space in prime McAllen location.
      1001 10Th St, McAllen, TX 78501
      View Details
    • $9 SF/Yr
      4,736 SF

      Pecan Street Commercial Land Opportunity

      High-traffic retail land, 16,883 sq ft
      1613 Pecan Ave, McAllen, TX 78501
      View Details
    • $16 SF/Yr
      2,400 SF

      Ware Road Commercial Property

      Prime Location, Lease Opportunity, High Traffic
      3503 Ware Rd, McAllen, TX 78501
      View Details
    • $30 SF/Yr
      10,233 SF

      McAllen CBD Office Land Opportunity

      Prime McAllen location, 9 acres, 10,233 sq ft.
      200 10Th St, McAllen, TX 78501
      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.
    Bentsen Rd
    McAllen, TX 78501
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.