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    OFF-MARKET
    Land

    0 Mccoll Rd, McAllen, TX 78504

    1.95 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.946-acre commercial land parcel presents a remarkable investment opportunity in the thriving North McAllen area. Located on a prominent corner at the intersection of Violet and McColl Roads, this property boasts high visibility and accessibility. Its strategic position offers unparalleled convenience, situated just one block from DHR Hospital, ensuring a steady stream of potential customers. The property's previous use included a small office building, which is slated for demolition, allowing for complete customization to suit your vision. While services were previously accessible to the office, the land is not fully developed, requiring the buyer to conduct a feasibility study and potentially arrange for necessary services to meet their project's needs. It's crucial for prospective buyers to independently verify current and future zoning regulations with the City of McAllen. This property is ideal for a variety of commercial ventures, including plazas, pharmacies, restaurants, or franchise establishments. The asking price is $2,500,000. All due diligence is the responsibility of the buyer. This is a rare opportunity to acquire a prime commercial site in a rapidly growing market. Don't miss out

    Property profile
    Verified
    Property type Land
    Lot 1.95 ac (84,768 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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