McAllen, TX Commercial Real Estate Statistics
| Average Price | $1.7M |
|---|---|
| Lowest Price | $225K |
| Highest Price | $18.4M |
| Total Listings | 78 |
| Avg. Price/SQFT | $325 |
Property Types (active listings)
McAllen, TX Commercial Real Estate Listings
Types of Commercial Real Estate Available in McAllen
McAllen, Texas, presents extensive options for commercial real estate, accommodating diverse industries and business requirements. Vacant lots throughout the city provide flexibility for constructing new retail, industrial, or office spaces customized to individual specifications. Prime locations near Interstate 2 and Interstate 69C offer strategic advantages for companies needing logistical efficiency and convenient highway access.
Additionally, commercial storefronts within high-traffic plazas along 10th Street and Nolana Avenue attract retail businesses or service providers aiming to benefit from established consumer traffic. Agricultural properties in rural outskirts support agribusinesses seeking fertile land suitable for farming ventures.
Warehouses and existing commercial buildings further offer immediate occupancy and redevelopment opportunities across various McAllen neighborhoods.
McAllen’s commercial real estate market includes office complexes conveniently situated in the downtown area and along major transportation corridors. Industrial properties near key highways enable logistics and manufacturing companies to streamline operations with direct access to regional transportation networks.
Smaller retail centers throughout McAllen provide accessible locations appealing to businesses serving local residential communities. Multifamily and mixed-use development opportunities cater to investors interested in combining commercial and residential components effectively.
Investors also find downtown revitalization projects attractive for developing retail or professional office spaces within existing structures. Resources from the McAllen Economic Development Corporation further assist businesses through incentives, zoning information, and strategic site-selection support.
Frequently Asked Questions
How far is McAllen from major Texas cities?
McAllen is approximately 240 miles south of San Antonio, connected primarily via Interstate 69C and Interstate 37. The city lies around 340 miles southwest of Houston, typically accessed by Interstate 69 and U.S. Highway 59. McAllen is situated about 500 miles south of Dallas, primarily reached via Interstate 35 and U.S. Highway 281.
What key industries contribute to McAllen's economy?
McAllen's prominent industries include retail trade, healthcare, logistics, and education. Healthcare is notably robust due to substantial employment provided by facilities such as South Texas Health System McAllen. Retail is also significant, supported by regional shopping centers like La Plaza Mall.
Does McAllen provide economic incentives to businesses?
The McAllen Economic Development Corporation offers numerous incentives designed to encourage business expansion or relocation to the area. Available incentives include tax abatements, infrastructure development support, and workforce training grants. Additional state-level resources and programs further assist businesses iin nvesting locally.
What utilities serve commercial properties in McAllen?
Commercial properties in McAllen benefit from comprehensive utility services, including electricity provided by AEP Texas. Water and wastewater services are managed effectively by the McAllen Public Utility, ensuring reliable infrastructure for businesses. Telecommunications and high-speed internet services from Spectrum and AT&T support modern commercial operations.
Are there specific zoning regulations in McAllen?
Yes, McAllen has established zoning regulations administered by its Planning and Zoning Department. These guidelines help manage growth, ensuring that commercial developments align with community standards and comprehensive planning objectives. Businesses and investors are encouraged to consult city officials during the development process to facilitate smooth compliance and approvals.
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