806 16Th 1/2 St McAllen, TX 78501
This 2009-built commercial property in downtown McAllen, Texas, presents a compelling investment opportunity. Located at 806 S 16 1/2 Street, 78501, this special-purpose building currently houses a thriving flower shop, offering a turnkey business operation with a beautiful display area, workspace, and storage. The existing flower shop provides immediate income potential, while a separate, leasable unit offers additional revenue streams. This unit provides ample space suitable for various businesses, such as offices or retail. The property's prime downtown McAllen location ensures high visibility and accessibility. The asking price is $450,000. This property is situated in Hidalgo County and offers a unique blend of established business and rental income potential, making it an attractive investment for savvy buyers seeking a strong return. The building's modern construction (2009) minimizes immediate maintenance needs, allowing for a smooth transition and immediate revenue generation. This is a rare opportunity to acquire a profitable, established business with significant upside potential in a vibrant Texas city.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.