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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

411 Business 83 McAllen, TX 78501

2,000 SF Built 1983
Property ID
Property summary
AI-generated overview

This exceptional 2,000-square-foot retail property, located at 411 W. Business 83 in McAllen, Texas, presents a compelling investment opportunity. Situated in the heart of McAllen's bustling business district, this building offers a prime location with high visibility. Built in 1983, the property sits on a 4,346-square-foot lot and boasts a versatile layout ideal for an owner-user. Previously utilized as an auto-repair shop and a cellular phone store, the space features a welcoming lobby/showroom area seamlessly connected to a smaller warehouse. The garage, conveniently facing Business 83, provides direct access to a covered rear area suitable for outdoor storage. This adaptable space offers significant potential for a variety of uses, making it an attractive option for entrepreneurs seeking a well-established location in a thriving Texas city. The asking price is $485,000. The property's zip code is 78501, and it's located in Hidalgo County. This is a rare opportunity to acquire a well-positioned commercial property in a high-demand area.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1983
Total area 2,000 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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