0 Mccoll Rd, McAllen, TX 78504
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.