3503 Ware RdMcAllen, TX 78501

Property Details for 3503 Ware Rd

Year built

2003

Lot size

0.16 AC

Property size (Sq ft)

2,400 SF

Zone code

CO

Property type

Office buildings

APN

I8060-00-000-0022-00

APU

I806000000002200

Description

This exceptional commercial property, located at 3503 N Ware Road, presents a unique lease opportunity for discerning businesses. Situated on a 6,886.836 square foot lot, zoned C, and boasting a single-tenant occupancy, this property offers significant advantages. The 2,400 square foot building is ideally positioned at a bustling intersection, surrounded by major retailers including Target, Starbucks, and Walmart Supercenter, ensuring high visibility and foot traffic. The property includes a fully equipped commercial kitchen featuring a 10-foot stainless steel hood, custom-built tables and chairs, and commercial freezers. Ten parking spaces are available for customers and employees. A comprehensive security system and vending machines are also included. On-site gas/propane tanks are provided. The property's convenient location and comprehensive amenities make it an ideal choice for a variety of commercial ventures. The property's APN is I806000000002200. This is a single-suite building, perfect for a business seeking a turnkey operation in a high-demand area. Don't miss this chance to establish your business in a thriving commercial hub.

• CAP approach

  CAP return

  Valuation

  6%

  $329,809

  6.5%

  $304,439

  7%

  $282,693

• Comparable approach

  Method

  Valuation

  Relative Method

  $206,955

  Geo Method

  $545,448

• Alternative Use

  Use

  Valuation

  Residential

  $377,504

  Hospitality

  $345,792

  Educational

  $287,695

  Medical

  $297,589

  Retail

  $447,525

Location Insight

City

Mcallen

County

Hidalgo

State

Texas

Latitude

26.2395

Longitude

-98.2566

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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