717 E Ridge Rd E, McAllen, TX 78503
- Commercial land
Current Use by Public Records
- Grupo Solis / Law Firm
Property Details for 717 E Ridge Rd E
- Property type
- Commercial land
- Property subtype
- Agricultural land / Farmland
Description
This unique property is suitable for retail, restaurant, banking, hospitality, medical. 2021 population in 5 miles 140,000 (plus hundreds of thousands per year foreign shoppers). All major US banks have a presence in this area. High demand for restaurants targeting local and international consumers. FEMA flooding map shows the property OUT of flooding zones. Traffic at the property is 21,000 cars per day, while one block North on Expressway 83 is 127,000 CPD. All major retailers, food chains, banks, hospitals, La Plaza Mall, McAllen's International airport are within a short distance. The hotel's average annual occupancy in the area is extremely high due to consumers from out of the country. Two lots for this property ( lot 2 with 1.07 acres and lot 6 with 1.27 acres), current use: agricultural, zoned commercial. Adjacent parcels are available if the buyer is looking for a larger tract of land. video https://youtu.be/CZTa5jsLMoE
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.214566
- Latitude
- 26.185174
