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$500,000

2255 Date Palm Ave, McAllen, TX, 78501

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths700 Sq Ft
price_per_sqft$714.29 / sqft
Year BuiltBuilt in 1992

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
AppliancesWater Heater
FlooringVinyl

Building Information

Garage Spaces8

About this property

Excellent commercial opportunity located at 2255 Date Palm Ave in McAllen, Texas, just off 23rd Street and minutes from Business 83 (Old 83). Previously operated as a used car dealership, this versatile property offers approximately 300 square feet of office space and a 400-square-foot garage/shop, making it ideal for a variety of commercial uses. The site includes 8 on-site parking spaces and provides convenient access to major thoroughfares, surrounding businesses, and the greater McAllen metropolitan area. The flexible layout is well suited for automotive sales, auto repair, contractor services, professional offices, fleet operations, or other service-oriented businesses. Situated in a well-established commercial corridor with excellent accessibility, this property presents an outstanding opportunity for both owner-users and investors seeking a strategically located commercial asset.

Investor Tools

$0Estimated Mortgage Balance
$114,873Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

Interested in this property?

Alvaro Longoria

Stellar Equity Real Estate LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$188/month
No HOA
5.947%

City: McAllen

2255 Date Palm Ave | Property Details | No Agent List