4509 23Rd StMcAllen, TX 78504

  • Commercial real estate
  • 1.88 AC
For Sale
$956,000 View listing

Property Details for 4509 23Rd St

Year built
2004
Lot size
1.88 AC
Zone code
CO
Property type
Commercial real estate
APN
S3020-02-000-019B-00
APU
S302002000019B00

Description

This exceptional 79,686 square foot commercial land parcel, located at 4509 N 23rd St, McAllen, Texas 78504 (APN 667235), presents a unique investment opportunity. Priced at $956,000 ($12/SF), this C3 zoned property is owned by Titus Development LTD and offers significant advantages for immediate development. The lot is fully subdivided, boasting complete utilities, professional landscaping, paved surfaces, and parking lot lighting. Detailed plans for a 17,766 square foot building are available, providing a solid foundation for construction. While these plans can be modified, approval from the property owners association is required. This turnkey property in Hidalgo County eliminates many of the initial hurdles associated with new construction, allowing for a faster path to occupancy and revenue generation. The strategic location in McAllen, Texas, offers excellent access to major transportation routes and a thriving commercial environment. This is an exceptional opportunity to acquire a fully prepared commercial lot ready for immediate development or customization.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,888,001
    Hospitality
    $11,805,339
    Educational
    $9,821,904
    Medical
    $10,159,694
    Retail
    $15,278,517

Location Insight

City
Mcallen
County
Hidalgo
State
Texas
Latitude
26.2464
Longitude
-98.2393
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
$8,070
$368,708
$34,800
$403,508
-
$368,708
$34,800
$403,508

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