

Listed by Lyon Real Estate LLC
$18,025,000
51.5 Acre Site near Interstate 2/Expressway 83
Details
Property Type Land
Sub Type Commercial, Residential
Broker Co-Op Yes
Acreage 51.500
Zoning Agricultural
Ownership Fee Simple
Land | 51.5 acres
Marketing description
Large development tract for commercial and/or multi-family residential development, Kennedy Avenue scheduled to cross the property along the southern boundary & E. 4th Street (Erie Ave) to cross along the Northern boundary, which will connect the property to Simon's Palms Crossing shopping & entertainment center at Ware Road & the McAllen Convention Center and Performing Arts Center. Located in Sharyland School District with mature trees. Bentsen Road expanded to 5 lanes, is a major arterial between McAllen & Mission. Kennedy Avenue currently under construction between Ware Road and Bentsen Road and scheduled to be complete end of March 2021.
Directions: Located just off Expressway 83/Interstate 2 on the North side of the frontage road, across from the Harley-Davidson Dealership
Investment highlights
- Large Development Tract near Interstate 2
- Close proximity to McAllen Convention Center & Performing Arts Center
- Close proximity to Simon's Palms Crossing Entertainment Center
- Sharyland Schools
Listing Contacts


Listed by Lyon Real Estate LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?







