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    OFF-MARKET
    Land

    0000 State Hwy 107 Hwy, McAllen, TX 78572

    4.49 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4.49-acre tract of land presents a remarkable investment opportunity in the thriving McAllen, Texas market. Located at the high-traffic corner of NW State Highway 107 (Mile 7 Road) and Los Ebanos Road NW in Mission, Hidalgo County, this property boasts unparalleled visibility and accessibility. The site is ideally suited for a variety of commercial developments, including a convenience store or strip center, capitalizing on the significant daily traffic volume generated by the newly completed six-lane highway expansion on Highway 107. The property's zoning allows for both commercial and residential uses, offering flexibility for a diverse range of development plans. With its expansive lot size and prime location, this property represents a rare chance to acquire a highly desirable asset in a rapidly growing area. The asking price is $950,000. The property is classified as Land, Multifamily, and is further categorized as Commercial, Residential, and Apartment Building, with a Duplex/Triplex/Quadruplex subtype. The property's address is 0000 NW State Highway 107 Highway NW, Mission, TX 78572. Its geographic coordinates are latitude 26.3135859 and longitude -98.29297. This is a unique opportunity to secure a significant piece of real estate in a dynamic and expanding market.

    Property profile
    Verified
    Property type Land
    Lot 4.49 ac (195,584 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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