Property profile

2001 10th St Mcallen, TX 78503

OFF-MARKET
Turn key restaurants
Property ID
US82-1517687
6,096 SF 0.68 ac lot Built 2004
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Morton Shopping Center offers exceptional retail and office space leasing opportunities in Hidalgo County. This prime location on N 10th St boasts three available units, ranging from a generous 2,011 square feet to a substantial 4,000 square feet. The flexible space is perfectly suited for a variety of businesses, easily adaptable to both retail store setups and traditional office environments. The property is zoned C-3, allowing for a wide range of commercial uses. Convenient and ample parking is available for both customers and employees, ensuring easy access and a positive experience. The high visibility afforded by the location on a busy thoroughfare guarantees significant foot traffic and exposure for your business. These units present a unique chance to establish or expand your presence in a thriving commercial area. Interested parties are encouraged to schedule a viewing to fully appreciate the potential of this exceptional property. The available spaces offer a blend of functionality and prime location, making them an attractive investment for businesses seeking a strong foothold in a busy commercial district. Contact the property management team for more information and to arrange a tour.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2004
Total area 6,096 SF
Lot 0.68 ac (29,560 SF)
Zoning code CO
APN F1350-00-001-0001-01
UPID US82-1517687

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
  • Furniture Accessories Supplier
  • Bar & Pub Restaurant
  • Restaurant

Location

2001 10th St Mcallen, TX 78503-5405
Mcallen metro Census 21204 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2019
4 recorded transactions
2019
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CO · Mcallen, TX

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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