717 Ridge Rd McAllen, TX 78503
- Commercial real estate
- 2.34 lot acres
Current Use by Public Records
- Grupo Solis / Trial Attorney
Property Details for 717 Ridge Rd
- Lot size
- 2.34 lot acres
- Property type
- Commercial real estate
Description
This exceptional 2.34-acre commercial land parcel in McAllen, Texas, presents a remarkable investment opportunity. Located at 717 E Ridge Road E, 78503, this property boasts a prime location with high visibility and significant daily traffic volume—21,000 cars per day, with even higher traffic counts nearby on Expressway 83 (127,000 CPD). The site is ideally suited for a variety of commercial uses, including retail, restaurants, banking, hospitality, and medical facilities. Its strategic location places it within easy reach of major retailers, food chains, banks, hospitals, La Plaza Mall, and McAllen International Airport. The property comprises two lots (Lot 2: 1.07 acres; Lot 6: 1.27 acres), currently used for agriculture but zoned for commercial development. A significant advantage is its location outside FEMA-designated flood zones. The area's strong demographics further enhance its appeal, with a population of 140,000 within a 5-mile radius, supplemented by a substantial influx of foreign shoppers annually. The high occupancy rates of area hotels underscore the robust tourism and hospitality sectors. Adjacent parcels are also available for buyers seeking a larger land area. This property offers unparalleled potential for significant return on investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.214632
- Latitude
- 26.185164
