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    3701 Colbath Ave Mcallen, TX 78503-8446

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    3701 Colbath Ave Mcallen, TX 78503-8446


    • Strip malls
    • 9,745 SF
    • 1.03 lot acres
    Off-Market
    Property ID
    US82-9245260
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $580,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Domino's Pizza / Take-out & Catering
    • LuXury Barber’s / Barber Shop
    • DannyBoys snacks / Bar & Pub
    • Xpress Haircuts / Hair Salon
    • El Regio Snack / Bar & Pub

    Property Details for 3701 Colbath Ave

    Year built
    2014
    Lot size
    1.03 lot acres
    Property size
    9,745 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    O6971-00-000-0001-00
    APU
    O697100000000100

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $410,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $754,000
      Market price range: $428k - $1.17M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $800,000
      Current use
      RESTAURANT
      $850,000
      Change: +6% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mcallen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2646
    Latitude
    26.1916
    CBSA code
    32580
    CBSA name
    MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $26,047
    $558,592
    $743,738
    $1,302,330
    -
    $558,592
    $743,738
    $1,302,330
    More about this property
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