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1324 Expressway 83 McAllen, TX 78501

Prime 3.86-acre retail site, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 3.86-acre commercial property presents a rare investment opportunity in the thriving Downtown McAllen submarket. Located at 1324 W Expressway 83, this hard-corner lot boasts unparalleled visibility and accessibility, situated directly across from La Plaza Mall. The property includes a 16,500 square foot, single-story, Class B retail building constructed in 1985, currently vacant and offering significant redevelopment potential. The site features 685 feet of frontage on Highway 83, providing exceptional exposure to the high traffic volume of over 113,000 vehicles daily. Two convenient curb cuts ensure easy ingress and egress. With a C-3 zoning designation, the property is ideally suited for a variety of uses, including retail, office, or hotel development. The ample 3.86-acre lot size allows for substantial expansion or redevelopment opportunities. The existing building has approximately 50 surface parking spaces, offering a parking ratio of 4.00 per 1,000 square feet. The property's Hidalgo County location, with a McAllen, TX 78501 zip code, and its proximity to major thoroughfares and retail centers, makes it an attractive investment for both developers and end-users. The property's APN is H2550-00-007-0015-10. This is a truly unique opportunity to acquire a significant commercial property in a high-demand location.

Highlights

  • 3.86-acre commercial lot in Downtown McAllen's thriving submarket.
  • 16,500 SF, single-story Class B retail building on 1.3 acres (vacant, redevelopment potential).
  • Additional 2.5 acres of developable land (1.5 acres and 1.2 acres).
  • Prime location directly across from La Plaza Mall.
  • Adjacent to McAllen City Center.

Property Details for 1324 Expressway 83

Property type
Retail properties, Land
RSF (Rentable sq. ft)
16,500 SF
Class
B
Year Built
1985
Buildings
1
Stories
1

Unit(s) available at that property

Space
Tract B
Size
65,340 SF
Space
Tract C
Size
52,272 SF
Space
Tract A
Size
56,628 SF

Location Insight

City
McAllen
County
Hidalgo
State
Texas
Latitude
26.19067599
Longitude
-98.23602115

FAQs

What type of property is this?
Retail property - Prime 3.86-acre retail site, high visibility.
Where is the retail property located?
The property is located at 1324 Expressway 83 McAllen, TX.
What are key features of this property?
This property features: 3.86-acre commercial lot in Downtown McAllen's thriving submarket.; 16,500 SF, single-story Class B retail building on 1.3 acres (vacant, redevelopment potential).; Additional 2.5 acres of developable land (1.5 acres and 1.2 acres).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1324 Expressway 83
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