Technical
Financial
Distress signals
Property profile

8900 N Ware Rd McAllen, TX 78504

FOR SALE
Auto shops
Property ID
US82-4554493
2,370 SF 5 ac lot Built 1988
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 5-acre commercial property, located at 8900 N Ware Road, McAllen, Texas 78504, presents a significant investment opportunity. Built in 1988, this multi-use land (residential and commercial) offers immediate income potential with a current month-to-month tenant paying $2,300 per month for partial front use. The remaining acreage benefits from agricultural exemption, resulting in annual property taxes of only $4,789. The property's dimensions are 165 feet by 1320 feet, providing ample space for various development projects. Its strategic location off Ware and Trenton Roads in Hidalgo County offers excellent accessibility and visibility. This prime location is ideal for a variety of uses, including residential development or expansion of commercial ventures. The existing tenant provides a steady cash flow while the potential for future development promises substantial returns. This is a rare opportunity to acquire a large tract of land in a rapidly growing area with significant upside potential. Don't miss out on this chance to secure a valuable asset in the thriving McAllen market.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1988
Total area 2,370 SF
Lot 5 ac (217,800 SF)
APN P8500-00-000-0208-04
UPID US82-4554493

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
  • Auto Repair Shop Vehicle Inspection Center

Location

8900 N Ware Rd McAllen, TX 78504
McAllen metro Census 23533 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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