3201 10Th St McAllen, TX 78503
- Automotive properties
- 29,154 SF
- 2.74 lot acres
Current Use by Public Records
- Deluxe Inn - Airport / Motel / Extended Stay Hotel
- ChargePoint Charging Station / Electric Vehicle Charging Station
- Transmigrantes Felix / Customs Broker
- Bert Ogden McAllen BMW / Bmw Dealer
Property Details for 3201 10Th St
- Year built
- 2010
- Lot size
- 2.74 lot acres
- Property size
- 29,154 SF
- Property type
- Automotive properties
- APN
- B4350-00-003-0000-00
- APU
- B435000003000000
Description
This exceptional investment opportunity presents a 60-room limited-service hotel situated on a 1.335-acre lot (58,152 square feet) in McAllen, Texas. Built in 1998, the property boasts approximately 20,352 square feet of gross building area, per the Hidalgo County Appraisal District. The hotel features an exterior corridor design, including a lobby/office space, a swimming pool, and an on-site laundry room. Its strategic location offers significant upside potential. The hotel is adjacent to the developing 12-acre Quinta Mazatlán urban ecology center, projected to generate $284 million in economic impact. This prime location is also less than half a mile south of La Plaza Mall and just over a mile south of the intersection of 10th Street and Highway 83, a thriving retail hub in the Rio Grande Valley. Furthermore, its proximity to McAllen International Airport enhances its appeal to both business and leisure travelers. This property represents a compelling investment opportunity in a rapidly growing market, offering strong potential for return on investment. The asking price for this exceptional property is $3,000,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mcallen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2256
- Latitude
- 26.2329
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
