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1324 W Expressway 83 16,500 SF Retail Building McAllen, TX 78501 $6,000,000 ($363.64/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
Executive Summary
Property is being sold in two tracts
Tract A: $3,500,000
Tract B: $3,700,000
PROPERTY HAS BEEN REDUCED TO $6,000,000
PROPERTY CAN BE SOLD SEPERATELY
Tract A: $3,500,000
Tract B: $3,700,000
PROPERTY HAS BEEN REDUCED TO $6,000,000
PROPERTY CAN BE SOLD SEPERATELY
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
$6,000,000
Price Per SF
$363.64
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
Walk Score®
Very Walkable (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | H2550-00-007-0015-10 | Improvements Assessment | $799,149 |
| Land Assessment | $2,689,568 | Total Assessment | $3,488,717 |
Property Taxes
Parcel Number
H2550-00-007-0015-10
Land Assessment
$2,689,568
Improvements Assessment
$799,149
Total Assessment
$3,488,717
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1324 W Expressway 83
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