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    OFF-MARKET
    Bars & Pubs

    415 17th St, Mcallen, TX 78501-5111

    2,897 SF 0.16 ac lot Built 1975
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US82-3062555
    Property summary
    AI-generated overview

    This exceptional 3,500 square foot commercial land parcel presents a unique investment opportunity in McAllen's vibrant entertainment district. Situated at the southwest corner of Dallas and South 17th Street, this single-tenant property boasts high visibility and foot traffic, ideal for a variety of commercial uses. The existing structure, totaling 2,020 square feet, includes a stylish bar featuring comfortable seating areas and restrooms, along with a convenient upstairs office. This turnkey setup offers immediate potential for revenue generation. The property's location within the bustling nightclub and restaurant district ensures a constant flow of potential customers. The lot's size allows for expansion or redevelopment, while the possibility of leasing adjacent properties provides further growth potential. The property's APN is M195000039001000. This is a rare chance to acquire a well-positioned commercial property in a thriving McAllen location. No parking spaces are currently available on the property. This is a land sale, not a lease.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Year built 1975
    Total area 2,897 SF
    Lot 0.16 ac (7,000 SF)
    APN M1950-00-039-0010-00
    UPID US82-3062555
    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
    • The Old Beer House Bar & Pub
    • Botanero 17 casa vieja bar Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Our 17 Street LLC · 8 yrs held
    Our 17 Street LLC
    since 2018
    1 recorded transaction
    2018
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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