Technical
Financial
Distress signals
Property profile

4037 Expy 83 Mcallen, TX 78503

OFF-MARKET
Strip malls
Property ID
US83-1278056
33,456 SF 2.07 ac lot Built 2015
Entity Owned 2-yr Hold Free & Clear
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Barber Shop
  • Training Center
  • Training Center (Bike/Boat/Book/etc) Store
  • Restaurant
  • Gym & Fitness Center

Location

4037 Expy 83 Mcallen, TX 78503-2101
Mcallen metro Census 20511 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
Google Maps

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

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

Top alternative use upside
Restaurant $2.9M +5.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 4037 Expy 83?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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