2400 Maple AveMcAllen, TX 78501

Property Details for 2400 Maple Ave

Year built

1981

Lot size

0.61 AC

Property size (Sq ft)

3,864 SF

Property type

Day care centers & nurseries

APN

L3650-00-000-0007-00

APU

L365000000000700

Description

This exceptional commercial property at 2400 Maple Avenue, McAllen, Texas, presents a unique investment opportunity. The 26,484.044 square foot lot houses a well-established childcare facility built in 1981, currently licensed for 81 children. The property features a rare and expansive backyard, complete with recently installed playground equipment, providing ample space for outdoor play and learning. The building itself boasts a thoughtfully designed layout, including a dedicated enclosed area for toddlers and two outdoor "racetracks" designed to encourage active play. Additional features include a covered walkway, a comfortable waiting area, a separate office, a fully equipped kitchen, and five spacious classrooms. The facility also includes four restrooms, thoughtfully designed with features such as dual toilets for potty training and a child-sized urinal. The Nursery/Infant room benefits from its own covered outdoor space. Located in Hidalgo County, Texas, with a 78501 zip code, this property offers a turnkey solution for continued operation as a childcare center or potential redevelopment. The asking price is $525,000. This property represents a strong investment in a growing and essential sector.

• CAP approach

  CAP return

  Valuation

  6%

  $519,045

  6.5%

  $479,119

  7%

  $444,896

• Comparable approach

  Method

  Valuation

  Relative Method

  $383,177

  Geo Method

  $1,009,897

• Alternative Use

  Use

  Valuation

  Residential

  $607,782

  Hospitality

  $556,725

  Educational

  $463,189

  Medical

  $479,119

  Retail

  $720,516

Location Insight

City

Mcallen

County

Hidalgo

State

Texas

Latitude

26.2179

Longitude

-98.2449

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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