1701 Dove AveMcAllen, TX 78504

Property Details for 1701 Dove Ave

Year built

2005

Lot size

2.11 AC

Property size (Sq ft)

23,040 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

N6600-02-04A-0000-00

APU

N66000204A000000

Description

This exceptional 2.11-acre commercial land parcel presents a unique investment opportunity in the thriving Las Palmas Retail Center. Situated at a high-traffic intersection on Dove Avenue, the property boasts excellent visibility and accessibility. Its strategic location offers immediate proximity to established businesses including Gold's Gym, Lowe's, Sprouts, Tru Fit, and a Wal-Mart Neighborhood Market, ensuring high foot traffic and brand recognition. The site is currently undeveloped, offering a blank canvas for a variety of commercial uses, including retail, office, or professional services. With a total of ten parking spaces planned, ample customer and employee parking is readily available. The property's zoning allows for a building of up to 3,510 square feet, making it suitable for a single-tenant occupancy. The parcel is identified by APN N66000204A000000. This is a rare chance to acquire a well-positioned commercial lot in a bustling retail center, providing significant potential for growth and return on investment. The property's size and location make it an ideal candidate for a variety of development projects. Don't miss this opportunity to secure a prime piece of commercial real estate in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $4,654,264

  6.5%

  $4,296,244

  7%

  $3,989,369

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,006,658

  Geo Method

  $13,195,478

• Alternative Use

  Use

  Valuation

  Residential

  $3,624,042

  Hospitality

  $3,319,603

  Educational

  $2,761,871

  Medical

  $2,856,856

  Retail

  $4,296,244

Location Insight

City

Mcallen

County

Hidalgo

State

Texas

Latitude

26.2543

Longitude

-98.2298

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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