1400 N Ware Rd, McAllen, TX 78501
- Grocery and convenience stores
- 5,072 SF
- 1.42 lot acres
Current Use by Public Records
- Grocery and convenience stores
Property Details for 1400 N Ware Rd
- Year built
- 2022
- Lot size
- 1.42 lot acres
- Property type
- Grocery and convenience stores
- APN
- S0060-00-000-0001-00
- APU
- S006000000000100
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 8, 2023 | — | Mayflower Fefe LLC | Vaquero Ware Partners LP | Special Warranty Deed | — |
Description
This exceptional 1.268-acre commercial land parcel presents a compelling investment opportunity in McAllen, Texas. Located at 1400 N Ware Road, this property boasts approximately 201 feet of frontage and 295 feet of depth, offering significant development potential. Currently zoned C-3 General Business by the City of McAllen, the property includes a 2,854 square foot structure, sold as-is, with the sale price reflecting land value only. Prospective buyers are responsible for conducting thorough due diligence, including verifying zoning and obtaining necessary permits for their intended use. The strategic location adjacent to the northeast corner of Pecan/495 and Ware Road provides excellent visibility and accessibility. The area is characterized by a mix of residential (1-4 family subdivisions), retail, and educational institutions, including James "Nikki" Rowe High School (over 4,200 students) and South Texas College (approximately 31,000 students and 1,600 staff across six campuses). This prime location offers endless possibilities for commercial development, making it an ideal investment for discerning buyers. The property's 1977-built structure is not factored into the asking price of $1,100,000. The zip code is 78501.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $706,000
Market price range: $414k - $707k -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $700,000
- COMMERCIAL (GENERAL)
- $570,000
- RESTAURANT
- $560,000
- OFFICE BUILDING
- $535,000
- MEDICAL BUILDING
- $495,000
- RETAIL STORES
- $490,000
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Location Insight
- Map
- Local Demand
- City
- Mcallen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2634
- Latitude
- 26.1972
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
