3101 Military HwyMcAllen, TX 78503

  • Auto shops
  • 4,736 SF
For Lease

Property Details for 3101 Military Hwy

Year built
2004
Lot size
3.76 AC
Property size (Sq ft)
4,736 SF
Zone code
IN
Property type
Auto shops
APN
U0050-00-000-0001-05
APU
U005000000000105

Description

This exceptional 68,108-square-foot warehouse, built in 2004, is situated on a 33.3-acre lot in McAllen's thriving industrial submarket. Its strategic location along a major overweight corridor, between the Anzalduas and Pharr International Bridges, provides unparalleled access to key transportation routes. The property boasts a impressive tenant roster nearby, including MasterBrand, Amazon, ProTrans, DHL, and Alps Logistics. The warehouse itself features a 24-foot clear height, a metal standing seam roof, and an ESFR fire sprinkler system. High-efficiency LED lighting illuminates the space, which includes 22 dock-high doors, 2 ramps with levelers, and variable column spacing. Ample trailer parking is available with 60 spaces for efficient operations. The building also includes office space and a fully equipped dock system. The concrete tilt-wall construction ensures durability and longevity. This property presents a unique opportunity for businesses seeking a well-equipped, strategically located warehouse in a high-demand area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $956,710
    6.5%
    $883,117
    7%
    $820,037
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,029,146
    Geo Method
    $2,712,404
  • Alternative Use

    Use
    Valuation
    Residential
    $744,942
    Hospitality
    $682,363
    Educational
    $567,718
    Medical
    $587,243
    Retail
    $883,117
3101 Military Hwy, McAllen, Texas

Location Insight

City
Mcallen
County
Hidalgo
State
Texas
Latitude
26.1487
Longitude
-98.2656
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
$21,995
$614,701
$415,171
$1,029,872
-
$614,701
$415,171
$1,029,872

FAQs

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