4413 Us-83 BusMcAllen, TX 78501

For Sale
$875,000
8,000 SF Multi-Use Building, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 8,000-square-foot multi-use flex space in McAllen, Texas, presents a compelling investment opportunity. Situated on one acre of land along Business Highway 83, this property boasts high visibility and significant traffic counts due to its location at a signalized intersection. The building features three income-producing suites, offering versatility for various business needs. Ample parking and a sizable rear storage yard cater to operational efficiency. Its strategic proximity to IH-2 and a 23-minute drive to the McAllen-Hidalgo International Bridge further enhances its appeal. The asking price is $875,000, representing a 5.70% cap rate. This property is ideal for both end-users seeking a functional space and investors looking for a strong return. The gross lease structure simplifies management, and the multi-tenancy aspect provides diversified income streams. The property is zoned for industrial, mixed-use, and office purposes, offering flexibility for a wide range of businesses. This is a rare opportunity to acquire a high-traffic, well-located commercial property in a thriving Texas market. The property's size, location, and features make it a highly desirable asset.

Highlights

  • 8,000 SF multi-use flex space on 1 acre in McAllen, TX.
  • High visibility and high traffic counts at a signalized intersection on Business Hwy 83.
  • Close proximity to IH-2.
  • 23-minute drive to McAllen-Hidalgo International Bridge.
  • $875,000 asking price, 5.70% cap rate.

Property Details for 4413 Us-83 Bus

Property type
Office properties, Mixed-use properties
Square Feet
8,000 SF
Lot Size (sq. ft)
43,560 SF

Location Insight

City
McAllen
County
Hidalgo
State
Texas
Latitude
26.209026137165
Longitude
-98.270265373605
4413 Us-83 Bus, McAllen, Texas

FAQs

What type of property is this?
Office property - 8,000 SF Multi-Use Building, High Visibility
Where is the office property located?
The property is located at 4413 Us-83 Bus McAllen, TX.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 8,000 SF multi-use flex space on 1 acre in McAllen, TX.; High visibility and high traffic counts at a signalized intersection on Business Hwy 83.; Close proximity to IH-2.
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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4413 Us-83 Bus
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