2900 Nolana Ave Mcallen, TX 78504-4589
This exceptional 5.46-acre commercial land parcel in McAllen, Texas, presents a remarkable investment opportunity. Located at the intersection of 29th Street and Nolana Avenue in Hidalgo County, zip code 78504, this property boasts unparalleled visibility from Nolana Avenue, a major thoroughfare. The asking price is $2,400,000, translating to a land value of $10 per square foot. The site's strategic position ensures high traffic volume, further enhanced by its proximity to McAllen's Public Library and a cluster of established businesses. These include Dunkin' Donuts, Jersey Mike's Subs, Take 5 Oil Change, McDonald's, Starbucks, Walmart, Chick-fil-A, Chase Bank, Jack in the Box, and BlueWave Carwash, creating a vibrant and densely populated commercial area. This pad site is ready for development and offers significant potential for a variety of commercial uses, capitalizing on the existing high foot traffic and strong brand recognition of neighboring establishments. The property's location ensures easy access and exceptional visibility, making it an ideal location for businesses seeking high exposure and a thriving commercial environment. This is a rare opportunity to acquire a prime commercial land parcel in a rapidly growing area of McAllen.
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Stripes #2273 Grocery & Convenience Store
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Western Union Bank Credit Union
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24/7 Tow Truck McAllen TX - Towing Service Auto Repair Shop
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Redbox Cinema (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CO · Mcallen, TXMcallen. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.