Technical
Financial
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Property profile

4209 22nd St Mcallen, TX 78504

OFF-MARKET
Strip malls
Property ID
US83-2895851
1,640 SF 0.09 ac lot Built 1984
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial land parcel, located at 4209 N 22nd Street in McAllen, Texas, 78504, presents a unique investment opportunity. The property boasts a generous 3,750.08 square foot lot and is zoned for commercial use. Currently improved with a single-tenant building offering 1,680 square feet of office space, this property is ideal for owner-occupancy or redevelopment. The existing building features three spacious offices, a kitchen area, and a welcoming reception area. The interior design is sophisticated, incorporating elegant Saltillo tile flooring, a distinctive copper ceiling, brick and wood accent walls, and stone columns. Ample parking is available with 15 spaces provided on-site. The property's convenient location between Nolana and 23rd Street offers excellent visibility and accessibility. The property's APN is I500000002004400. This is a rare opportunity to acquire a well-located commercial property in a thriving McAllen market. The existing building provides immediate income potential, while the substantial lot size allows for future expansion or redevelopment to suit a variety of commercial uses. Don't miss this chance to secure a prime piece of McAllen real estate.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Total area 1,640 SF
Lot 0.09 ac (3,751 SF)
APN I5000-00-002-0044-00
UPID US83-2895851

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
  • Marketing & Advertising Advertising Agency

Location

4209 22nd St Mcallen, TX 78504-4143
Mcallen metro Census 20804 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2018
Price N/A
2015
Price N/A
2011
$112,661
2008
Price N/A
2008
Price N/A
2007
$132,000

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
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