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Property profile & analytics
OFF-MARKET Estimated value $1,860,000
Strip malls

4037 Expy 83 Mcallen, TX 78503-2101

33,456 SF 2.07 ac lot Built 2015
Entity Owned 2-yr Hold Free & Clear
Property ID
US83-1278056
Property summary
AI-generated overview

This exceptional single-tenant commercial property, located at 4037 W Expressway 83 #190 in McAllen, Texas, offers 3,524 square feet of executive office space. Situated within the thriving Citrus Grove Plaza, this property enjoys high visibility and convenient access off US 83 and Ware Road. The plaza is home to a variety of established businesses, including Trufit, ensuring a strong commercial presence and high foot traffic. The property's strategic location provides easy access to major retailers and restaurants, with nearby amenities such as Academy Sports, Cracker Barrel, Five Guys, and La Doble M. Palms Crossing is conveniently located just across the highway, further enhancing the property's accessibility and appeal. The expansive 9,479.092 square foot lot provides ample space, and the property boasts 150 parking spaces, ensuring convenient parking for employees and clients. The property's APN is C494000000018500. This is a rare opportunity to acquire a well-located, single-tenant commercial property in a high-growth area. The building consists of one suite, making it ideal for a single business seeking a prominent location. This property presents a compelling investment opportunity for businesses seeking a high-profile presence in a dynamic commercial environment.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2015
Total area 33,456 SF
Lot 2.07 ac (89,986 SF)
APN C4940-00-000-0135-00
UPID US83-1278056
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
  • TdK Barbershop - RGV Barber Shop
  • Dance Classes McAllen - Mission - LMDA Training Center
  • Aurora Vite Paint Academy Training Center (Bike/Boat/Book/etc) Store
  • Kurai Sushi & Chinese Buffet McAllen Restaurant
  • TruFit Athletic Clubs - Ware Rd Exp 83 Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.86M
Owner & transaction history
Keyglee3b LLC · 2 yrs held
Keyglee3b LLC
since 2023
7 recorded transactions
2025
Price N/A
2023
Price N/A
2022
$320,000
2022
Price N/A
2021
Price N/A
2021
Price N/A
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.9M +5.8%
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