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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1801 Industrial Dr McAllen, TX 78504

    • Commercial real estate
    • 6.58 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9054070
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1801 Industrial Dr

    Lot size
    6.58 lot acres
    Property type
    Commercial real estate

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.232396
    Latitude
    26.2506239

    Comparable in this City

    • $75,000
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      Vacant Lot in North McAllen

      8211 sq ft lot in Sharyland ISD, North McAllen.
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    • $89,900
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      Residential Land in Edinburg, TX

      Residential lots in a new subdivision near schools and shopping.
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    • $89,900
      0.22 Acres

      Residential Land in Edinburg, TX

      Residential subdivision lots near Hwy 107 and North 10th Street.
      5305 W Oak Hl St, Edinburg, TX 78504
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    • $89,900
      0.22 Acres

      Residential Land in Edinburg, TX

      Residential lots in a new subdivision near Hwy 107.
      5221 W Oak Hl St, Edinburg, TX 78504
      View Details
    • $245,000
      0.49 Acres

      Residential Lot in Gated Community

      0.49-acre residential lot in Tres Lagos, McAllen, TX.
      4560 Estancia Pkwy, McAllen, TX 78504
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    • $750,000
      1.14 Acres

      Prime Commercial Land in McAllen

      Highly visible 1.14-acre commercial land for sale in North McAllen.
      9701 N 10Th St, McAllen, TX 78504
      View Details

    Similar Nearby for Sale

    • $75,000
      0.19 Acres

      Vacant Lot in North McAllen

      8211 sq ft lot in Sharyland ISD, North McAllen.
      10419 N 32Nd Ln, McAllen, TX 78504
      View Details
    • $89,900
      0.22 Acres

      Residential Land in Edinburg, TX

      Residential lots in a new subdivision near schools and shopping.
      5317 W Oak Hl St, Edinburg, TX 78504
      View Details
    • $89,900
      0.22 Acres

      Residential Land in Edinburg, TX

      Residential subdivision lots near Hwy 107 and North 10th Street.
      5305 W Oak Hl St, Edinburg, TX 78504
      View Details
    • $89,900
      0.22 Acres

      Residential Land in Edinburg, TX

      Residential lots in a new subdivision near Hwy 107.
      5221 W Oak Hl St, Edinburg, TX 78504
      View Details
    • $245,000
      0.49 Acres

      Residential Lot in Gated Community

      0.49-acre residential lot in Tres Lagos, McAllen, TX.
      4560 Estancia Pkwy, McAllen, TX 78504
      View Details
    • $750,000
      1.14 Acres

      Prime Commercial Land in McAllen

      Highly visible 1.14-acre commercial land for sale in North McAllen.
      9701 N 10Th St, McAllen, TX 78504
      View Details

    Similar Nearby for Lease

    • $26 SF/Yr
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      McAllen Commercial Land & Building

      Prime McAllen location, 1.45 acres, 1320 sq ft.
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    • $26 SF/Yr
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      McAllen Commercial Land & Building

      Prime McAllen Location: Office, Retail, Land
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    • $26 SF/Yr
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      McAllen Commercial Land & Building

      Prime McAllen location, 1.45 acres, ample parking.
      7701 29Th St, McAllen, TX 78504
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    • $26 SF/Yr
      1,320 SF

      McAllen Commercial Land & Building

      Prime McAllen location; versatile commercial space.
      7701 29Th St, McAllen, TX 78504
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    • Contact for pricing

      Prime Commercial Development Site

      6.5-acre commercial site for ground lease or build-to-suit.
      6400 N Ware Rd, McAllen, TX 78504
      View Details
    • Contact for pricing
      10,000 SF

      16 Acres at Signalized Intersection

      Commercial land available for rent with high traffic volume.
      3201 Nolana Ave, McAllen, TX 78504
      View Details
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    1801 Industrial Dr
    McAllen, TX 78504
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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