2246 Nolana Ave, Mcallen, TX 78504-4125
- Strip malls
- 29,823 SF
- 4.52 lot acres
Current Use by Public Records
- ArmsOfHope Drop Box Only / Charitable Organization
- 99 Cents Only Stores / Discount Store
Property Details for 2246 Nolana Ave
- Year built
- 1984
- Lot size
- 4.52 lot acres
- Zone code
- CG
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- N3040-00-000-0001-00
- APU
- N304000000000100
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 2, 2011 | — | Nolana St LLC | Shuaib,tawhid A & Said A | Warranty Deed | $2.9M · Lone Star National Bank |
| Nov 20, 2006 | — | Tawhid A Shuaib | Mastercrafters Const & Dev INC | Warranty Deed | $2.9M · Lone Star National Bank |
| May 9, 2005 | — | Mastercrafters Construction And Dev | Alfrz Corp | Venders Lien | $3M · Alfez Corp |
| — | — | Nolana St LLC | — | Deed Of Trust · related | $2.1M · Lone Star National Bank |
Description
This exceptional 4.519-acre property at 2246 W Nolana Avenue in McAllen, Texas, presents a prime retail or corporate office opportunity. The site boasts a substantial 24,000 square foot single-tenant building, previously occupied as a grocery store, offering significant potential for redevelopment or continued use. Its strategic location on the northeast corner of Nolana Avenue and 23rd Street ensures high visibility and accessibility, benefiting from substantial traffic flow. The ample 200-space parking lot provides convenient customer and employee parking. The property's APN is N304000000000100. This is a single-tenant building on a large lot, ideal for a variety of commercial uses. The existing structure provides a solid foundation for immediate occupancy or a comprehensive renovation project. The property's size and location make it an attractive investment for businesses seeking a prominent presence in a thriving McAllen market. This is a rare opportunity to acquire a well-positioned commercial property with significant upside potential. Serious inquiries are encouraged.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,831,000
Market price range: $1.71M - $3.83M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $2,855,000 Current use
- AUTO REPAIR, GARAGE
- $4,135,000 Change: +45% Conversion: Difficult
- OFFICE BUILDING
- $3,450,000 Change: +21% Conversion: Moderate
- MEDICAL BUILDING
- $2,920,000 Change: +2% Conversion: Difficult
- RESTAURANT
- $2,850,000 Change: -0% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Mcallen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2383
- Latitude
- 26.2416
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
