717 E Ridge Road E McAllen, TX $ 1,529,000
717 E Ridge Road E
$ 1,529,000
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717 E Ridge Road E

McAllen, TX, 78503
$ 1,529,000
Baths0.0

Monthly Estimate*

$ 10,162

717 E Ridge Road E, McAllen, TX 78503 - Image 1
717 E Ridge Road E, McAllen, TX 78503 - Image 2
717 E Ridge Road E, McAllen, TX 78503 - Image 3
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Studio

Lots and Land for sale in McAllen, TX

for $1,529,000. The lot size is 2.34.

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

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Lots and Land Active

Price

$ 1,529,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 33,491

Style

Commercial

Lot Size

2.34

Town/City

McAllen

County/Region

Hidalgo

MLS | Web ID

429644

Features
General
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 Square Feet 101929.9644
Street Name Ridge
Elementary School Fields
Tax Annual Amount 33491
Home Warranty Y/N No
Middle/Junior High School Travis
Building 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
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Exterior
Fencing None
Lot Features Curb & Gutters
Water Source Public City
Lot Size Area 2.34
Lot Size Acres 2.34
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type City Street
Crops None
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Interior
Street Suffix Road
Electric On Property Y/N Yes
Living Area Units Square Feet
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* Excluded Features
List By
Cesar Cepeda

Listing Agent

Re/Max Associates

Broker

remaxitv1@gmail.com

Email

Affordability Calculator

$12,953
Per Month
78%
22%
0%
Monthly Principal & Interest
$10,162
Monthly Property Taxes
$2,791
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3057358 Elementary School
3057398 Middle School
McAllen H.S. High School
Pricing History
DatePricePrice ChangeDescription
3/2/2024$1,529,000 Listed Price

Map


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717 E Ridge Road E, McAllen, TX, 78503 is a Lots and Land for sale at $1,529,000 with a lot size of 2.34. 717 E Ridge Road E is a studio with 0.0 baths. The property's zip code is 78503 which is in McAllen, TX