1101 Jasmine Ave McAllen, TX 78501
- Commercial real estate
- 2.22 lot acres
Current Use by Public Records
- NewMCoero Co. / Yeshiva
Property Details for 1101 Jasmine Ave
- Lot size
- 2.22 lot acres
- Property type
- Commercial real estate
Description
This exceptional 2.22-acre commercial land parcel presents a prime development opportunity in McAllen, Texas. Situated at the highly visible northwest corner of Jasmine Avenue and Commerce Center Street within the prestigious 495 Commerce Center, this property boasts unparalleled accessibility and visibility. Its location offers easy access to major thoroughfares, including Business 83 and US Highway 281, ensuring convenient commutes for employees and customers. The 495 Commerce Center is experiencing significant growth, fueled by exciting nearby developments. These include the substantial UTRGV McAllen ISD Collegiate Academy, a new 65,600 square-foot educational facility, and the advanced UT Health RGV Cancer and Surgery Center, a state-of-the-art medical complex offering oncology, infusion, radiation oncology, and clinical research. This strategic location within a thriving business hub, coupled with the property's substantial size and prime corner lot positioning, makes it an ideal investment for developers seeking high-impact projects. The asking price for this ready-for-development land is $1,165,000. Don't miss this chance to capitalize on the burgeoning growth of McAllen and secure a prominent position in this dynamic commercial area. The property is zoned for commercial use (verification recommended). This is a rare opportunity to acquire a significant land parcel in a rapidly developing area of McAllen, Hidalgo County, Texas, zip code 78501.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2074
- Latitude
- 26.210166
