For Sale
$1,199,000

Toronto AveMcAllen, TX 78503

2.27-Acre Tract, C-3 Zoning, Development Potential

Overview

Added:
Dec 11, 2024
Days on market:
123
This exceptional 2.27-acre commercial and residential land parcel presents a unique investment opportunity in McAllen, Texas. Located at 0 E Toronto Avenue, zip code 78503, in Hidalgo County, this irregularly shaped property is zoned C-3, offering significant development potential. However, prospective buyers should be aware that the property requires subdivision before development can commence. Access to the property needs to be addressed to fully realize its potential. A key feature is the existing 35-foot ingress and egress easement providing access to 2nd Street, as detailed in the subdivision plat. The asking price for this substantial land holding is $1,199,000. Given its size, zoning, and location in McAllen, this property represents a compelling opportunity for developers and investors seeking a strategic land acquisition in a thriving Texas market. The property's latitude and longitude coordinates are 26.1833148, -98.2212967 respectively. Prospective purchasers are advised to conduct their own due diligence regarding access and subdivision requirements.

Highlights

  • 2.27-acre commercial and residential land parcel in McAllen, TX.
  • Located at 0 E Toronto Avenue, 78503, Hidalgo County.
  • C-3 zoning allows for significant development potential, but requires subdivision.
  • Access needs improvement; features a 35-foot ingress/egress easement to 2nd Street.
  • Asking price: $1,199,000.

Property Details for 0 Toronto Ave

Property type
Land
Lot Size (sq. ft)
98,881 SF

Location Insight

City
McAllen
County
Hidalgo
State
Texas
Latitude
26.1833148
Longitude
-98.2212967
Toronto Ave, McAllen, Texas

FAQs

What type of property is this?
Land - 2.27-Acre Tract, C-3 Zoning, Development Potential
Where is the land located?
The property is located at Toronto Ave McAllen, TX.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 2.27-acre commercial and residential land parcel in McAllen, TX.; Located at 0 E Toronto Avenue, 78503, Hidalgo County.; C-3 zoning allows for significant development potential, but requires subdivision.
How can I contact the broker?
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0 Toronto Ave
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