3201 10Th StMcAllen, TX 78503

  • Automotive properties
  • 29,154 SF
For Sale
$3,000,000 View listing

Property Details for 3201 10Th St

Year built
2010
Lot size
2.74 AC
Property size (Sq ft)
29,154 SF
Property type
Automotive properties
APN
B4350-00-003-0000-00
APU
B435000003000000

Description

This exceptional investment opportunity presents a 60-room limited-service hotel situated on a 1.335-acre lot (58,152 square feet) in McAllen, Texas. Built in 1998, the property boasts approximately 20,352 square feet of gross building area, per the Hidalgo County Appraisal District. The hotel features an exterior corridor design, including a lobby/office space, a swimming pool, and an on-site laundry room. Its strategic location offers significant upside potential. The hotel is adjacent to the developing 12-acre Quinta Mazatlán urban ecology center, projected to generate $284 million in economic impact. This prime location is also less than half a mile south of La Plaza Mall and just over a mile south of the intersection of 10th Street and Highway 83, a thriving retail hub in the Rio Grande Valley. Furthermore, its proximity to McAllen International Airport enhances its appeal to both business and leisure travelers. This property represents a compelling investment opportunity in a rapidly growing market, offering strong potential for return on investment. The asking price for this exceptional property is $3,000,000.

3201 10Th St, McAllen, Texas

Location Insight

City
Mcallen
County
Hidalgo
State
Texas
Latitude
26.2329
Longitude
-98.2256
CBSA code
32580
CBSA name
MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$95,863
$2,150,908
$2,642,248
$4,793,156
-
$2,150,908
$2,642,248
$4,793,156

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