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Property profile & analytics
FOR SALE
Retail space

210 S 16Th St McAllen, TX 78501

5,326 SF 0.16 ac lot Built 1973
Entity Owned Absentee Owner Free & Clear
Property ID
US82-4338868
Property summary
AI-generated overview

This exceptional commercial property, located at 210 S 16th Street in McAllen, Texas, presents a unique investment opportunity. The 5,326 square foot building, constructed in 1973, sits on a 7,000.092 square foot lot. Its prime downtown location offers unparalleled access to the vibrant energy of McAllen's city center. Currently configured as a warehouse, this versatile space is adaptable to a wide range of commercial uses, including retail, industrial, or even a mixed-use development. The building's historic character provides a unique aesthetic, perfect for businesses seeking a distinctive presence. The property's potential is further enhanced by its proximity to local amenities and transportation routes, making it an ideal location for both established businesses and new ventures. This is a chance to acquire a piece of McAllen's history and contribute to its ongoing revitalization. The asking price is $550,000. The property's zoning and potential uses should be verified independently. This is a rare opportunity to own a substantial property in a thriving Texas city. The building's age and condition should be assessed through a professional inspection. The property's location in Hidalgo County, Texas, zip code 78501, offers easy access to major roadways and the surrounding community. This is a prime opportunity for investors seeking a strong return on investment in a dynamic market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1973
Total area 5,326 SF
Lot 0.16 ac (7,000 SF)
APN M1950-00-023-0004-00
UPID US82-4338868
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Toni Burger Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
NAVA INCORPORATED
NAVA INCORPORATED
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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