Technical
Financial
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Property profile

113 S 17Th St McAllen McAllen, TX 78501

FOR LEASE
Bars & Pubs
Property ID
US82-3157228
3,450 SF 0.16 ac lot Built 1985
Entity Owned 5-yr Hold Free & Clear
Saved · see the list in your Dashboard
113 S 17Th St,Unit McAllen, McAllen, TX 78501 For Lease
$5,000/Mo 3,450 SF available
113 S 17Th St,Unit McAllen, McAllen, TX 78501
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Property summary

AI-generated overview

This exceptional commercial property, located at 113 S 17th Street in McAllen, Texas, presents a unique investment opportunity. The 7,000.092 square foot lot is zoned for mixed-use development, offering versatility for a variety of commercial ventures. Built in 1985, the existing structure offers 3,450 square feet of interior space, providing a blank canvas for customization to suit your specific business needs. The property enjoys a prime location in the heart of downtown McAllen, within the vibrant McAllen Entertainment District, ensuring high visibility and significant foot traffic. This bustling area is known for its rich cultural heritage, lively atmosphere, and thriving business community, attracting both local residents and tourists. The property's central location within this established entertainment district offers immediate access to a loyal customer base. The asking price for this exceptional property is $525,000. This presents a rare chance to acquire a piece of premier real estate in a dynamic and growing Texas city. The property's zip code is 78501, and it is situated in Hidalgo County. This is an ideal opportunity for entrepreneurs and business owners seeking a high-traffic location with significant potential for growth and success.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1985
Total area 3,450 SF
Lot 0.16 ac (7,000 SF)
APN M1950-00-010-0009-02
UPID US82-3157228

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub

Location

113 S 17Th St, Unit McAllen McAllen, TX 78501
McAllen metro Census 21100 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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