1700 23rd St Mcallen, TX 78501-6120
- Drive through restaurants
- 3,192 SF
- 1.05 lot acres
Current Use by Public Records
- G & I Auto Sales / Motor Vehicle Dealer
- Burger King / Restaurant / Fast Food Restaurant
- Tacos La Estrella / Taco Restaurant
- Fallas Discount Stores / Toy Store / Women'S Clothing Store
- National Stores / Department Store
Property Details for 1700 23rd St
- Year built
- 1988
- Lot size
- 1.05 lot acres
- Property size
- 3,192 SF
- Zone code
- C-3
- Property type
- Drive through restaurants
- APN
- W9000-00-000-0001-00
- APU
- W900000000000100
Description
This exceptional retail property, located at 1700 S 23rd St in McAllen, Texas, offers 22,556 square feet of prime commercial space. Currently, 11,231 square feet is available for lease, presenting a significant opportunity for expansion or a new venture. The property is situated in Hidalgo County, within the vibrant city of McAllen, boasting excellent visibility and accessibility. The building's multiple tenancy structure allows for flexibility and potential for synergistic businesses. The property's classification as retail ensures high foot traffic and exposure to a large consumer base. The available 11,231 square feet provides ample space for a variety of retail uses, from large-format stores to smaller boutiques. The precise layout and configuration of the available space can be discussed and tailored to meet specific business needs. This location in McAllen, TX (zip code 78503) offers a strategic advantage for businesses seeking to tap into the thriving local market. The property's size and location make it an ideal investment for businesses looking to establish a strong presence in this dynamic area of Texas. Interested parties are encouraged to inquire for further details and to schedule a viewing. This is a rare opportunity to secure a substantial retail space in a high-demand location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $345,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $478,000
Market price range: $232k - $478k -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $355,000 Current use
- AUTO REPAIR, GARAGE
- $440,000 Change: +25% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $355,000 Change: +1% Conversion: Easy
- OFFICE BUILDING
- $340,000 Change: -5% Conversion: Moderate
- MEDICAL BUILDING
- $310,000 Change: -12% Conversion: Difficult
- RETAIL STORES
- $310,000 Change: -12% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Mcallen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2422
- Latitude
- 26.2213
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA