You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $580,000
Strip malls

3701 Colbath Ave Mcallen, TX 78503-8446

9,745 SF 1.03 ac lot Built 2014
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US82-9245260
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2014
Total area 9,745 SF
Lot 1.03 ac (44,867 SF)
APN O6971-00-000-0001-00
UPID US82-9245260
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
$754k
Blend (final) Blend
$580k
Owner & transaction history
Naandar Investment LLC · 6 yrs held
Naandar Investment LLC
since 2019
4 recorded transactions
2019
Price N/A
2019
Price N/A
2008
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $850,000 +5.8%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3701 Colbath Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message