Property profile

1801 Industrial Dr McAllen, TX 78504

FOR SALE
Land
Property ID
US82-9054070
6.58 ac lot
Individually Owned 5-yr Hold
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Property summary

AI-generated overview

This exceptional 6.58-acre commercial land parcel presents a compelling investment opportunity in the thriving McAllen, Texas market. Located at 1801 Industrial Drive, this property boasts a highly desirable location, situated off Bicentennial Boulevard, between Nolana Avenue and Dove Avenue. The L-shaped, irregular lot offers significant development potential with excellent frontage on Industrial Drive. While the gross acreage is 7.13 acres, a railroad easement reduces the net usable acreage to 6.58 acres, a detail confirmed with the City of McAllen. This prime location is in high demand, making this a rare chance to acquire a substantial tract of land in a rapidly growing area. The asking price for this exceptional property is $1,530,000. The property is zoned for commercial use and offers significant potential for various development projects. Its strategic location provides easy access to major transportation routes, ensuring convenient connectivity for businesses and residents alike. Don't miss this opportunity to secure a valuable asset in a dynamic and prosperous Texas market. The property is classified as Commercial, Other, and is ready for immediate development. The Hidalgo County location provides access to a robust workforce and a thriving local economy.

Property profile

Verified
Property type Land
Lot 6.58 ac (286,581 SF)
UPID US82-9054070

Cap rate & NOI

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

Location

1801 Industrial Dr McAllen, TX 78504
McAllen metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2020
7 recorded transactions
2020
Price N/A
2020
Price N/A
2019
Price N/A
2019
Price N/A
2019
Price N/A
2019
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2018
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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