Address
717 E Ridge Road E, McAllen, TX
Price
$ 1,529,000
Property Attributes
  • MLS#429644
  • TypeLand
  • CountyHIDALGO
  • CityMcAllen
  • AreaMcAllen
  • NeighborhoodSan Sebastian
  • Zip78503
  • StyleCommercial
  • Taxes$ 33491
  • Price$ 1,529,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.34 Acres
Data Source:
Greater McAllen Association of REALTORS® (GMAOR)
Property Description

This unique property is suitable for retail, restaurant, banking, hospitality, medical. 2021 population in 5 miles 140,000 (plus hundreds of thousands per year foreign shoppers). All major US banks have a presence in this area. High demand for restaurants targeting local and international consumers. FEMA flooding map shows the property OUT of flooding zones. Traffic at the property is 21,000 cars per day, while one block North on Expressway 83 is 127,000 CPD. All major retailers, food chains, banks, hospitals, La Plaza Mall, McAllen's International airport are within a short distance. The hotel's average annual occupancy in the area is extremely high due to consumers from out of the country. Two lots for this property ( lot 2 with 1.07 acres and lot 6 with 1.27 acres), current use: agricultural, zoned commercial. Adjacent parcels are available if the buyer is looking for a larger tract of land. video https://youtu.be/CZTa5jsLMoE

Elementary School Middle School High School
Fields Elementary School Travis Middle School McAllen H.S.
Price History
3/2/2024 Listed $1,529,000

General Features

Sewer City Sewer
Utilities City Garbage,Electricity Connected,Water Connected,Sewer Connected,Phone Connected
Possession Closing and Funding
Electric 110VAC,220 Volts
Property SubType Commercial
Tax Year 2023
Current Use Commercial
Community Features None,Sidewalks,Street Lights
County Hidalgo
Property Type Land
HOA / Comm Assn No
Subdivision Name San Sebastian
Possible Use Commercial
Status Active
Directions From Expressway 83,South on McColl Rd. one block,turn left (East) on Ridge Rd. and the property is adjacent to Walgreens Pharmacy to the East,located at the North side of Ridge Rd.
High School McAllen H.S.
City McAllen
High School District McAllen ISD
Lot Size Units Acres
Lot Size Square Feet 101929.9644
Elementary School Fields
Tax Annual Amount 33491
Home Warranty Y/N No
Middle/Junior High School Travis
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District McAllen ISD
Elementary School District McAllen ISD
Virtual Tour https://youtu.be/CZTa5jsLMoE?si=_ZLyX4Om9p7MZsUx
Water Comments none

Interior Features

Electric On Property Y/N Yes

Exterior Features

Fencing None
Lot Features Curb & Gutters
Water Source Public,City
Lot Size Area 2.34
Lot Size Acres 2.34
Road Surface Type Paved
Road Frontage Type City Street
Crops None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 78503

Price
AVG $850K
$1.53M
Taxes
AVG $7,030
$33,491
Visits
AVG 288
98
Data Provided by Inside Real Estate®

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