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Listed by CHRE - Cindy Hopkins Real Estate
$266,587
0.51 Acres Lot
UPDATED:
06/21/2023 08:55 PM
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Palmridge Park
MLS Listing ID 395796
HOA Y/N No
Originating Board Greater McAllen
Annual Tax Amount $4,500
Tax Year 2022
Lot Size 0.510 Acres
Acres 0.51
Property Description
PROPERTY OVERVIEW
The south McColl Road corridor has become a major north/south thoroughfare with the opening of McColl to the Military Highway and the city of Hidalgo. The population has increased with recent residential subdivisions and apartments added in Hidalgo and in the immediate area of the project. The 1-mile demographic ring reflects one of the highest average income areas in South Texas. The surrounding 4 hospitals and supporting medical offices create over 3500 jobs in an employment base of 8000 including the retail, restaurant, and service facilities in the same area. Traffic Count (ADT) utilizing TXDOT counts from 2019 and 2021 indicate average daily traffic at the intersection of Ridge and McColl roads is approximately 36,000 cars per day. McColl Rd. does not allow truck traffic. Demographic information reflects the following data:
The south McColl Road corridor has become a major north/south thoroughfare with the opening of McColl to the Military Highway and the city of Hidalgo. The population has increased with recent residential subdivisions and apartments added in Hidalgo and in the immediate area of the project. The 1-mile demographic ring reflects one of the highest average income areas in South Texas. The surrounding 4 hospitals and supporting medical offices create over 3500 jobs in an employment base of 8000 including the retail, restaurant, and service facilities in the same area. Traffic Count (ADT) utilizing TXDOT counts from 2019 and 2021 indicate average daily traffic at the intersection of Ridge and McColl roads is approximately 36,000 cars per day. McColl Rd. does not allow truck traffic. Demographic information reflects the following data:
Location
State TX
County Hidalgo
Community Other
Zoning C
Exterior
Fence None
Community Features Other
Utilities Available Water Connected, Sewer Connected
Waterfront No
View Y/N No
Building
Lot Description Other
Faces From S McColll and E Ridge Road - land is located on the southwest side of Quadrant
Sewer City Sewer
Water Public, Hidalgo MUD #1
New Construction No
Schools
Elementary Schools Out Of Area
Middle Schools Out Of Area
High Schools Out Of Area
Others
Tax ID 630446
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