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Property profile & analytics
OFF-MARKET
Specialty properties

806 16Th 1/2 St McAllen, TX 78501

Built 2009
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Year built 2009
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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