Bentsen Road 51.5 Acres of Commercial Land Offered at $18,025,000 in McAllen, TX 78501

INVESTMENT HIGHLIGHTS

  • Proximity to Interstate 69 and Business Hwy. 83
  • High Visibility and Traffic along Bentsen Road

EXECUTIVE SUMMARY

51.47 acres ready for development. Possible uses include residential subdivisions or apartment complexes.

PROPERTY FACTS

Price $18,025,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Single Family Development
Total Lot Size 51.50 AC
Zoning A-O

1 LOT AVAILABLE

Lot

Price $18,025,000
Price Per AC $350,000.00
Lot Size 51.50 AC

Development Potential. 51.47 Acres ready for development.

DESCRIPTION

Wonderful Development Opportunity! This expansive 51.47-acre property is primed and ready for development. With its generous size, it offers excellent potential for a range of uses, including residential subdivisions or apartment complexes. Please note that the actual development, specific use, and zoning regulations are subject to approval by the City and other relevant governmental authorities. As the buyer, it is your responsibility to verify and obtain all necessary approvals for development, use, and zoning. Currently, the property is zoned as AO-Agriculture Open Space, providing a flexible foundation for various development possibilities. Don't miss out on this chance to shape this vast expanse of land into a thriving community or housing project. Explore the potential and seize this exceptional opportunity today!

PROPERTY TAXES

  • Listing ID: 28805450

  • Date on Market: 6/20/2023

  • Last Updated:

  • Address: Bentsen Road, McAllen, TX 78501