Property profile

8505 10Th St McAllen, TX 78501

OFF-MARKET
Land
10.42 ac lot
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Property summary

AI-generated overview

This exceptional 10.42-acre property, located at 8505 & 8521 N 10th Street in McAllen, Texas, presents a remarkable development opportunity. Situated in a rapidly expanding area, this land boasts an enviable location just north of the bustling Trenton Crossing Shopping Center, providing convenient access to major retail stores and restaurants. The property is served by full city utilities, ensuring seamless infrastructure for any project. The current zoning is a blend of R-3T (Townhouses), C-3 (General Business), and R-1 (Single Family Residential), offering flexibility for a diverse range of development plans. This versatile zoning allows for the creation of a mixed-use development, potentially incorporating residential and commercial components to capitalize on the high demand in this thriving market. The asking price for this prime development land is $2,900,000. With its strategic location, extensive acreage, and flexible zoning, this property represents a compelling investment prospect for developers seeking to capitalize on the growth and potential of McAllen, Texas. The property's zip code is 78501, and it is located in Hidalgo County. This is a rare opportunity to acquire a significant parcel of land in a highly desirable area with exceptional potential for future growth and profitability. Don't miss out on this chance to secure a piece of McAllen's vibrant future.

Property profile

Verified
Property type Land
Lot 10.42 ac (453,895 SF)

Cap rate & NOI

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

Location

8505 10Th St McAllen, TX 78501
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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