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N. 10th st. S of Freddy Gonzalez - West Side 10th Street South Freddy Gonzalez

14.5 Acres of Commercial Land Offered at $2,950,000 in Mc Allen, TX 78504

Investment Highlights

  • N 10th St. frontage development land

Executive Summary

13.92 acres just south of Freddy Gonzalez on West side of 10Th Street. 130 feet frontage on N 10th street 260 feet deep zoned C-3 commercial. Rear tract contains 699 feet by 818 feet zoned R-3T residential townhome by city of McAllen. The city staff did look favorably on an apartment zoning. Great for built to rent developments or Multifamily or duplex or four plex.

Property Facts

Price $2,950,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Multifamily
  • Single Family Development
Total Lot Size 14.50 AC

1 Lot Available

Lot Lot 12

Price $2,950,000
Price Per AC $203,448
Lot Size 14.50 AC

Description

13.92 vacant development land in City of Mcallen ready for development. 130 feet fronting on 10th Street. Predevelopment meeting with the City of Mcallen did look favorably to apartment zoning. Excellent site for a built to rent community of homes, townhomes, duplexes, four plex's or apartments.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
T2100-00-278-0012-09
Land Assessment
$1,274,213
Improvements Assessment
$0
Total Assessment
$1,274,213

zoning

Zoning Code R-3T (1 acre on 10th 130 feet frontage on N 10th street 260 feet deep zoned C-3 commercial. Rear 13 tract zoned R-3T townhome city will consider apartments)
R-3T (1 acre on 10th 130 feet frontage on N 10th street 260 feet deep zoned C-3 commercial. Rear 13 tract zoned R-3T townhome city will consider apartments)
  • Listing ID: 20583445

  • Date on Market: 8/10/2020

  • Last Updated:

  • Address: N. 10th st. S of Freddy Gonzalez, Mc Allen, TX 78504

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