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This exceptional commercial property, located at 111 N 23rd Street in McAllen, Texas, presents a lucrative investment opportunity. The 12,300 square foot complex, built in 2017, sits on a substantial 36,234.079 square foot lot. The property is comprised of seven individual units, currently 100% occupied, offering immediate cash flow. Four units, each approximately 1,200 square feet, face North 23rd Street, while three larger units, each approximately 2,500 square feet, face Beech Avenue. Each unit is a "white box" open warehouse space with one bathroom and a separate electric meter, providing flexibility for various tenants. The property's strategic location at the southwest corner of Beech Street and North 23rd Street in McAllen, TX (zip code 78501) ensures high visibility and accessibility. The asking price for this exceptional commercial center is $2,000,000. This property is classified as Retail, Office, Industrial, and Land, encompassing Commercial, Executive Office, and Warehouse subtypes. The property's strong occupancy rate and versatile unit configurations make it an ideal investment for discerning buyers seeking a high-return asset in a thriving Texas market.
Highlights
12,300 SF commercial complex on a 36,234 SF lot in McAllen, TX.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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