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Property profile & analytics
OFF-MARKET
Land

2701 Business 83 McAllen, TX 78501

606 SF Built 1997
Property ID
Property summary
AI-generated overview

This exceptional 0.7 acre commercial land parcel, located at 2701 W Business 83 in McAllen, Texas, presents a unique investment opportunity. The property, built in 1997, boasts a total area of 30,583.912 square feet and is priced at $689,000, translating to $1,136.96 per square foot. Its strategic location in the heart of McAllen, directly off Business 83, ensures high visibility and significant traffic exposure, making it ideal for a wide range of commercial ventures. The property's 606 square feet of existing structures offer potential for immediate use or redevelopment. Situated in Hidalgo County, with a zip code of 78501, this property benefits from the vibrant economic activity and strong growth potential of McAllen. The coordinates are 26.2050035 latitude and -98.2386278 longitude. This prime location offers unparalleled potential for business success, making it an exceptional investment opportunity for discerning buyers. The property's high traffic count and visibility make it an attractive option for businesses seeking maximum exposure. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land.

Property profile
Verified
Property type Land
Year built 1997
Total area 606 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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