4413 Us-83 BusMcAllen, TX 78501

Property Details for 4413 Us-83 Bus

Lot size

1.00 AC

Property size (Sq ft)

8,000 SF

Property type

Office properties

Property subtype

Mixed-use properties

Description

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.

Location Insight

City

McAllen

County

Hidalgo

State

Texas

Latitude

26.209

Longitude

-98.2703

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