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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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