3701 Colbath Ave Mcallen, TX 78503-8446
This exceptional Class A commercial property, located at 3701 Colbath Avenue #90, presents a unique investment opportunity. The 42,688.8 square foot lot is zoned C, offering considerable flexibility for a variety of businesses. Currently improved with a single-tenant, 1,024 square foot building, the property boasts significant potential for expansion. Its prime location offers unparalleled visibility from US Hwy 83, benefiting from high traffic counts and proximity to major hotels, including Hilton and Marriott, as well as a nearby convention center. The property's strategic placement ensures high visibility and accessibility for potential customers. The absence of on-site parking shouldn't be overlooked, but the high foot traffic and location may mitigate this. The existing building's single-tenant occupancy provides a stable foundation for immediate income generation, while the expansive lot size allows for future development and expansion to accommodate a wider range of business ventures. Suitable uses could include, but are not limited to, a smoke shop, tortilla maker, saloon, nail salon, insurance office, or phone company. The possibilities are virtually endless. The property's APN is O697100000000100.
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El Regio Snack Bar & Pub
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
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.