1401 Jonquil Ave McAllen, TX 78501
- Land
- 3.28 lot acres
Current Use by Public Records
- Land
Property Details for 1401 Jonquil Ave
- Lot size
- 3.28 lot acres
- Property type
- Land
- Property subtype
- Apartment buildings
Description
This exceptional 3.28-acre lot presents a remarkable investment opportunity in McAllen, Texas. Located at 1401 E Jonquil Avenue, 78501, this property is zoned for commercial and multifamily use, offering significant development potential. The land's strategic location boasts excellent visibility and accessibility, situated near key thoroughfares such as Jackson and Nolana. Its proximity to a variety of restaurants and shopping centers ensures high traffic and convenient access for future residents or businesses. The asking price for this expansive parcel is $900,000. The property's versatility allows for a wide range of development options, from constructing a new apartment building to creating a mixed-use commercial development. Given its size and prime location within Hidalgo County, this property represents a rare chance to capitalize on McAllen's thriving real estate market. The existing zoning allows for a variety of uses, making it an ideal investment for both experienced developers and those seeking a lucrative venture. This is a unique opportunity to acquire a substantial land holding in a rapidly growing area. Serious inquiries are encouraged to explore the full potential of this exceptional property. The property is classified as a duplex/triplex/quadruplex, offering flexibility in development plans.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2042
- Latitude
- 26.2333
