4421 Expressway 83 McAllen, TX 78501
- Commercial real estate
- 2.05 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4421 Expressway 83
- Year built
- 2014
- Lot size
- 2.05 lot acres
- Property type
- Commercial real estate
- APN
- B2619-00-000-0002-00
- APU
- B261900000000200
Description
Prime 2.25-acre commercial land parcel in McAllen, Texas, is available for $1,990,000. Located at 4421 W Expressway 83, this property boasts direct access from the Expressway on its north side. The lot is part of a corner subdivision at the intersection of Expressway 2/83 and Bentsen Road, offering excellent visibility and accessibility. While situated near two other commercial lots with existing eating establishments, this property benefits from its own right-of-way access, effectively making it a corner lot. Historically approved for a 90-room hotel by both a franchise and the City of McAllen, the existing feasibility studies are available for review. This allows for potential reuse of the plans to expedite permitting for a similar development. However, the property's zoning allows for a wide range of commercial uses, including restaurants, event centers, and other commercial developments. This 2.05-acre tract is already subdivided and ready for construction, a rare find along the expressway. Its strategic location offers proximity to McAllen Miller International Airport, the city golf course, Las Palmas Shopping Center (with over 30 restaurants), and the McAllen Convention Center, ensuring high traffic and visibility. This exceptional opportunity presents a strong investment potential in a thriving commercial area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mcallen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2728
- Latitude
- 26.1947
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
