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OFF-MARKET
Specialty properties

0 2.35 Ac Hwy 107 & Mayberry Rd McAllen, TX 78504

2.35 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.35-acre commercial property is strategically located in Northwest McAllen, Texas, a rapidly developing area of the Rio Grande Valley. Boasting a prominent corner location at the intersection of Highway 107 and Mayberry Road, this lot offers significant visibility and accessibility. With 225 feet of frontage on Highway 107 and 484 feet on Mayberry Road, the property presents substantial development potential. The zoning is currently designated C-3/R-3T, allowing for a variety of commercial and residential uses, subject to city and governmental approvals. The buyer is responsible for verifying all zoning and development regulations. This location offers easy access to major cities like Mission and Edinburg, placing it within minutes of established amenities and a growing population. Nearby educational institutions include the Idea Quest Academy, the University of Texas Pan American, and a Texas A&M satellite campus, further enhancing the area's appeal. The proximity to an H-E-B grocery store adds to the convenience and desirability of this location. This is a rare opportunity to acquire a significant parcel of land in a high-growth area with excellent visibility and access, making it ideal for a variety of commercial ventures. The asking price for this exceptional property is $1,295,000.

Property profile
Verified
Property type Specialty properties
Lot 2.35 ac (102,366 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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