5111 Mccoll RdEdinburg, TX 78539

Property Details for 5111 Mccoll Rd

Year built

2001

Lot size

0.19 AC

Property size (Sq ft)

3,150 SF

Zone code

CO

Property type

Medical offices

Property subtype

Medical centers

APN

P7370-00-000-0011-00

APU

P737000000001100

Description

This 8,400.11 square foot commercial land parcel is located at 5111 S Mccoll Road, Edinburg, TX 78539. The property is zoned for commercial use and offers significant potential for development. Its single-tenant designation provides flexibility for a variety of uses. The lot's size allows for ample space for construction, parking, or other necessary improvements. The property's convenient location near DHR/Renaissance and Driscoll Hospital makes it an attractive option for businesses seeking proximity to medical facilities and a strong patient base. The property is identified by APN P737000000001100. While previously used as a medical office, the versatile layout offers opportunities for various commercial ventures. The address is easily accessible and situated within a well-established commercial area. This property presents a unique opportunity for investors and developers seeking a strategic location in a growing Texas market. The absence of existing buildings allows for complete customization to suit specific business needs. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering.

• CAP approach

  CAP return

  Valuation

  6%

  $432,874

  6.5%

  $399,576

  7%

  $371,035

• Comparable approach

  Method

  Valuation

  Relative Method

  $271,629

  Geo Method

  $715,900

• Alternative Use

  Use

  Valuation

  Residential

  $495,475

  Hospitality

  $453,852

  Educational

  $377,600

  Medical

  $390,586

  Retail

  $587,377

Location Insight

City

Edinburg

County

Hidalgo

State

Texas

Latitude

26.2575

Longitude

-98.2038

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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