1324 W Expressway 83
16,500 SF Retail Building McAllen, TX 78501 $7,000,000 ($424.24/SF)
INVESTMENT HIGHLIGHTS
- Direct Exposure on Hwy#83 & South Main Street minutes from McAllen Miller Int'l Airport, Across from La Plaza Mall & new Mc Allen City Center
- Lots of Traffic, Great Visibility, Easy Access and Parking on Site.
- Purchase Entire Property for $ 7Million, $ 4.5 Million for the vacant 2.73 Acres or $ 3.5 Million for the 1.3 Acres and 14,500 SF Building
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,500 SF
Building Class
B
Year Built
1985
Price
$7,000,000
Price Per SF
$424.24
Tenancy
Single
Building Height
2 Stories
Building FAR
0.10
Lot Size
3.85 AC
Zoning
C-3 - C-3 General Business
Additional Area to build or Redevelop
Parking
59 Spaces (3.58 Spaces per 1,000 SF Leased)
Frontage
685’ on Highway 83
AMENITIES
- Corner Lot
- Freeway Visibility
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | H2550-00-007-0015-10 | Improvements Assessment | $685,681 |
| Land Assessment | $2,689,568 | Total Assessment | $3,375,249 |
