Property profile

0 10Th St McAllen, TX 78504

OFF-MARKET
Land
9.33 ac lot
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Property summary

AI-generated overview

Exceptional 9.33-acre agricultural land parcel presents a significant development opportunity in McAllen, Texas. Strategically located south of University Drive, this property enjoys proximity to major national retailers, the University of Texas Rio Grande Valley, and the thriving commercial district of north McAllen. Zoned for agricultural use, the land offers dual access points from Bicentennial and 10th Street, ensuring convenient accessibility. The asking price is $2,000,000, translating to $250,000 per acre. This prime location is ideal for a variety of development projects, capitalizing on McAllen's continued growth and the high demand for land in this area. The property's address is N 10th St, McAllen, TX 78504, within Hidalgo County. Its advantageous position near established businesses and educational institutions makes it an attractive investment for both residential and mixed-use ventures. This is a rare opportunity to acquire a substantial land holding in a rapidly developing area of McAllen.

Property profile

Verified
Property type Land
Lot 9.33 ac (406,415 SF)

Cap rate & NOI

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

Location

10Th St McAllen, TX 78504
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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