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200 N Ware rd - 7+ Acres 7.18 Acres of Commercial Land Offered at $3,520,000 in McAllen, TX 78501
Investment Highlights
- 62,000 vehicles per day
- Intersection with the highest slow moving traffic volume in the valley
- 1 mile north of Expressway 83, the McAllen Convention Center & Palms crossing, a retail power center
- Current zoning for the property (I-1) can accommodate any commercial and light industrial development
Executive Summary
Located just one mile north of Expressway 83 and within walking distance to the McAllen Convention Center and Palms Crossing retail power center, this location benefits from a steady influx of shoppers, event attendees, and local residents. McAllen stands as a regional hub for commerce, logistics, and cross-border trade, making this tract a compelling investment for developers or operators looking to secure a foothold in a growth market.
The property is ideally suited for single-anchor retail, multi-tenant centers, or specialty user concepts. Nearby national retailers, strong surrounding demographics, and proximity to lodging and entertainment venues add further value, positioning this asset for significant upside.
Property Facts
| Price | $3,520,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 7.18 AC |
| Property Type | Land | Year Built | 1978 |
| Zoning | I-1 | ||
| Price | $3,520,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 7.18 AC |
| Year Built | 1978 |
| Zoning | I-1 |
1 Lot Available
Lot
| Price | $3,520,000 | Lot Size | 7.18 AC |
| Price Per AC | $490,250.70 |
| Price | $3,520,000 |
| Price Per AC | $490,250.70 |
| Lot Size | 7.18 AC |
Intersection with the highest slow moving traffic volume in the valley. 1 mile north of Expressway 83, the McAllen Convention Center and Palms Crossing, a retail power center.
Description
The property at 200 N Ware Rd in McAllen, Texas consists of approximately 7.51 acres proposed for retail development with an estimated gross leasable area of 70,875 SF. The location is within one mile of Expressway 83 and in proximity to the McAllen Convention Center and the Palms Crossing center. The intersection experiences heavy daily traffic volume, providing significant potential exposure for retail operations. Construction is reported as proposed with anticipated availability in 2026-2027.
Property Taxes
| Parcel Number | E7700-00-000-0009-01 | Improvements Assessment | $0 |
| Land Assessment | $1,128,901 | Total Assessment | $1,128,901 |
Property Taxes
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200 N Ware rd - 7+ Acres
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