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Property profile & analytics
OFF-MARKET
Strip malls

400 Pecan Blvd Mcallen, TX 78501-2339

3,731 SF 0.33 ac lot Built 1986
Trust Owned 12-yr Hold Free & Clear
Property ID
US82-0834072
Property summary
AI-generated overview

This exceptional 14,187.056 square foot commercial lot, located at 400 Pecan Boulevard #B, presents a unique investment opportunity. Zoned C1, this single-tenant property offers significant potential for development. The expansive lot size allows for a variety of commercial uses, catering to businesses seeking a prominent presence in a high-traffic area situated conveniently between 10th and 2nd Street. The property boasts ample parking with six spaces available. While the existing structure on the lot is a 1,600 square foot building featuring an open waiting area, reception area, three individual office spaces, and one public restroom, the land itself is the primary asset. The existing building could be renovated, repurposed, or removed to accommodate a new construction project entirely. Water is included in the lease for the existing building. The property's APN is T430000005001100. This is a rare opportunity to acquire a substantial commercial lot in a desirable location with excellent visibility and accessibility. Don't miss out on this chance to secure a prime piece of commercial real estate.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Total area 3,731 SF
Lot 0.33 ac (14,187 SF)
APN T4300-00-005-0011-00
UPID US82-0834072
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
  • Iglesia Pastor Enrique Church
  • Cadenas Tuxedo Rental (Bike/Boat/Book/etc) Store Clothing & Fashion Store
  • Synergy Solar RGV Solar Energy Company
  • Emergency Dentist Dental Office
  • Odilia's Skin Care Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
2014 Maria C Medina Separat Trust · 12 yrs held
2014 Maria C Medina Separat Trust
since 2014
3 recorded transactions
2014
Price N/A
2007
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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