1001 Jackson Rd McAllen, TX 78501
- Sports & entertainment properties
- 38,100 SF
- 2.76 lot acres
Current Use by Public Records
- El Bingo Grande / Bingo Hall
- Rink Family Fun Center / Amusement Center / Dj Service
Property Details for 1001 Jackson Rd
- Year built
- 1980
- Lot size
- 2.76 lot acres
- Property size
- 38,100 SF
- Zone code
- RS
- Property type
- Sports & entertainment properties
- APN
- M1120-00-003-0001-00
- APU
- M112000003000100
Description
This exceptional 15,184-square-foot retail building is situated on a 2.76-acre lot at 1001 N. Jackson Rd in McAllen, Texas, zip code 78501. Built in 1980, the single-story structure offers ample space for a variety of retail uses. The property boasts 170 parking spaces, ensuring convenient access for customers. Currently vacant, this presents a unique opportunity for a single tenant to establish a significant presence in a thriving market. The property's C-4 zoning allows for a wide range of commercial uses. Its location at the northwest corner of North Jackson Road and Jasmine Avenue places it within the Northeast McAllen market area, a region characterized by substantial retail and commercial development along major thoroughfares such as 10th St, Pecan Boulevard, US Business 83, Trenton Rd, and Mccoll Rd. The property's APN is M1120-00-003-0001-00. This property offers high visibility and accessibility, making it an ideal location for a business seeking to capitalize on the strong retail environment in McAllen. The expansive lot size provides ample room for expansion or future development. This is a rare opportunity to acquire a significant retail space in a prime McAllen location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,335,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,040,000
- 6.5%
- $1,225,000
- 7%
- $1,240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $985,000
- Geo Method
- $1,265,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $950,000
- Retail
- $1,105,000
- Mixed-Use
- $1,240,000
- Hospitality
- $1,280,000
- Educational
- $1,250,000
- Residential Income
- $925,000
- Energy
- $1,160,000
- Income-Based Land
- $1,265,000
- Food Service
- $1,245,000
Location Insight
- Map
- Local Demand
- City
- Mcallen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2029
- Latitude
- 26.2098
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
