601 Nolana Ave, Mcallen, TX 78504-2569
- Sports & entertainment properties
- 11,401 SF
- 1.72 lot acres
Current Use by Public Records
- El Pollo Loco / Take-out & Catering / Catering Service
- Vindor Falls Event Center / Hotel & Motel / Resort
- UMOS Administrative Headquarters / Corporate Office
- Head Start / Church
- KYOCERA DOCUMENT SOLUTIONS SOUTHWEST / Marketing & Advertising / Printing Service
Property Details for 601 Nolana Ave
- Year built
- 1999
- Lot size
- 1.72 lot acres
- Zone code
- CO
- Property type
- Sports & entertainment properties
- APN
- N2900-00-000-0001-00
- APU
- N290000000000100
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 31, 2021 | — | 3bu Family Limited Partnership | Wilkins Investment Ltd | Warranty Deed | — |
| Mar 21, 2017 | — | Wilkisn Investment Ltd | Frank Moreno | Venders Lien | $975k · Plainscapital Bank |
| Sep 1, 2006 | — | Frank Moreno | Flamingo Plaza Ltd | Warranty Deed | $1.4M · Flamingo Plaza Ltd |
| — | — | Flamingo Plaza Ltd | — | Deed Of Trust · related | $900k · Lone Star National Bank |
| — | — | Wilkins Investment Ltd | — | Loan Modification · related | $917k · Plainscapital Bk |
| — | — | Wilkins Investment Ltd | — | Loan Modification · related | $917k · Plainscapital Bk |
Description
This exceptional 7,589.89 square foot commercial property, located at 601 E Nolana Avenue in McAllen, Texas (zip code 78501), presents a unique build-to-suit opportunity. Designated as a single-tenant property, this land parcel offers significant potential for development. The site boasts excellent visibility along N. McColl Road, providing high exposure for any new construction. The 0.17-acre lot is partially fenced and situated conveniently near an existing strip center, east of suite D. Plans allow for the construction of a 7,500 square foot building. Ample parking is available, with a total of 100 spaces provided. The property is classified as Land, Office, and Retail, and is suitable for executive office use. The APN is N290000000000300. The asking price is $25 per square foot per year, with lease terms negotiable based on the tenant's requirements. This prime McAllen location offers a compelling investment opportunity for businesses seeking a high-visibility presence in a thriving market.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $715,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $993,000
Market price range: $533k - $993k -
Alternative Use
- Use
- Estimation
- RECREATIONAL/ENTERTAINMENT (GENERAL)
- $735,000 Current use
- OFFICE BUILDING
- $1,320,000 Change: +79% Conversion: Difficult
- MEDICAL BUILDING
- $1,115,000 Change: +51% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,090,000 Change: +48% Conversion: Difficult
- RESTAURANT
- $1,090,000 Change: +48% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $900,000 Change: +23% Conversion: Difficult
- RETAIL STORES
- $890,000 Change: +21% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mcallen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2077
- Latitude
- 26.2379
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
