McAllen,TX Development Land S. 35 th Street, McAllen, TX 78501

Transcription

1 McAllen,TX Development Land S. 35 th Street, McAllen, TX FOR SALE Rio Grande Valley PROPERTY OVERVIEW This great piece of property sits ideally in the path of McAllen s growth and has excellent proximity to The McAllen Convention Center and the new McAllen Performing Arts Center. Site is perfect for mixed-use development. 5-Mile Demographics Total Population 215,353 Average HH Income - $67,519 FOR MORE DETAILS CONTACT: DETAILS AC: PRICE: FEATURES: AREA DESCRIPTION: 6.65 AC NET $8.75 per square foot - Commercial Potential - High Traffic - Adjacent Land Available Land is ideally located just North of The McAllen Convention Center and McAllen Performing Arts Center. Adjacent tracts available. Daniel J. Galvan dgalvan@cbcworldwide.com Direct Office Fax E. Dove McAllen, TX CBCWorldwide.com 2015 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates.

2 S. 35 th Street, McAllen, TX Aerial Rio Grande Valley CBCWorldwide.com 2015 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates.

3 S. 35 th Street, McAllen, TX Survey Rio Grande Valley CBCWorldwide.com 2015 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates.

4 S. 35th St, McAllen, Texas, United States Daniel Galvan CCIM Direct:

5 Population Population Total Population (US Census 2010) 10,346 91, ,790 Total Population (Current Year) 10,960 96, ,353 Total Population (Five Year Projection) 10, , ,083 Adult Population (US Census 2010) 7,247 64, ,094 Adult Population (Current Year) 7,818 69, ,670 Adult Population (Five Year Projection) 7,814 73, ,985 % Female Population (US Census 2010) 51.84% 52.32% 52.15% % Male Population (US Census 2010) 48.16% 47.68% 47.85% % Female Population (Current Year) 51.84% 52.39% 52.14% % Male Population (Current Year) 48.16% 47.61% 47.86% % Female Population (Five Year Projection) 51.66% 52.31% 52.02% % Male Population (Five Year Projection) 48.34% 47.69% 47.98% Total Daytime Population 19, , ,377 Population aged 16 and under (Children) 2,751 29,133 58,203 Daytime population (Age 16+) 17, , ,174 Civilian 16+, at Workplace 7,101 73, ,350 Retired population (Age 65+) 1,517 12,760 24,750 Homemakers (Age 16+) 1,289 9,902 21,810 Population Mosaic (Current Year) % Power Elite 0% 0% 0% % Flourishing Families 0% 0% 0.86% % Booming with Confidence 0% 0% 1.24% % Suburban Style 0% 0.39% 2.48% % Thriving Boomers 0% 1.75% 0.8% % Promising Families 0% 3.8% 4.16% % Young City Solos 0% 0% 0%

6 % Middle-class Melting Pot 0% 3.73% 1.7% % Family Union 30.98% 35.49% 40.3% % Autumn Years 0% 0.14% 0.49% % Significant Singles 0% 2.59% 3.59% % Blue Sky Boomers 0% 0% 0% % Families in Motion 0% 0% 0% % Pastoral Pride 0% 0% 0% % Singles and Starters 0% 0.15% 4.28% % Cultural Connections 62.46% 49.01% 38.39% % Golden Year Guardians 6.56% 2.96% 1.71% % Aspirational Fusion 0% 0% 0% % Economic Challenges 0% 0% 0% % Unclassified 0% 0% 0% Age Median Age, Total % Age % 71.47% 70.89% % Age % 24.76% 22.95% % Age % 15.19% 13.38% Ethnicity % White (2010 US Census, Not Hispanic/Latino) 78.63% 82.23% 79.88% % Black/African American (2010 US Census, Not Hispanic/Latino) 3.09% 2.96% 3.55% % American Indian & Alaska Native (2010 US Census, Not Hispanic/Latino) 0.31% 0.51% 0.59% % Asian (2010 US Census, Not Hispanic/Latino) 15.53% 12.09% 13.52% % Native Hawaiian / Other Pacific Islander (2010 US Census, Not Hispanic/Latino) 0.11% 0.07% 0.09% % Some other race (2010 US Census, Not Hispanic/Latino) 1.02% 0.53% 0.46% % Two or more races (2010 US Census, Not Hispanic/Latino) 1.31% 1.61% 1.91% % White (2010 US Census, Hispanic/Latino) 82.83% 84.59% 85.79% % Black/African American (2010 US Census, Hispanic/Latino) 0.34% 0.35% 0.36% % American Indian & Alaska Native (2010 US Census, Hispanic/Latino) 0.52% 0.35% 0.34%

7 % Asian (2010 US Census, Hispanic/Latino) 0.03% 0.07% 0.08% % Native Hawaiian / Other Pacific Islander (2010 US Census, Hispanic/Latino) 0% 0.01% 0.01% % Some other race (2010 US Census, Hispanic/Latino) 14.72% 12.96% 11.76% % Two or more races (2010 US Census, Hispanic/Latino) 1.56% 1.67% 1.67% % White (Current Year, Not Hispanic/Latino) 74.74% 77.93% 74.85% % Black/African American (Current Year, Not Hispanic/Latino) 4.09% 4.15% 5.07% % American Indian & Alaska Native (Current Year, Not Hispanic/Latino) 0.31% 0.51% 0.6% % Asian (Current Year, Not Hispanic/Latino) 18.17% 14.54% 16.12% % Native Hawaiian / Other Pacific Islander (Current Year, Not Hispanic/Latino) 0.11% 0.15% 0.21% % Some other race (Current Year, Not Hispanic/Latino) 1.12% 0.56% 0.49% % Two or more races (Current Year, Not Hispanic/Latino) 1.47% 2.16% 2.65% % White (Current Year), Hispanic/Latino 82.72% 84.38% 85.68% % Black/African American (Current Year, Hispanic/Latino) 0.47% 0.47% 0.5% % American Indian & Alaska Native (Current Year, Hispanic/Latino) 0.59% 0.4% 0.38% % Asian (Current Year, Hispanic/Latino) 0.03% 0.09% 0.1% % Native Hawaiian / Other Pacific Islander (Current Year, Hispanic/Latino) 0% 0.02% 0.01% % Some other race (Current Year, Hispanic/Latino) 14.64% 12.95% 11.62% % Two or more races (Current Year, Hispanic/Latino) 1.55% 1.69% 1.71% % White (Five Year Projection, Not Hispanic/Latino) 72.26% 74.97% 71.76% % Black/African American (Five Year Projection, Not Hispanic/Latino) 4.02% 4.52% 5.52% % American Indian & Alaska Native (Five Year Projection, Not Hispanic/Latino) 0.34% 0.54% 0.63% % Asian (Five Year Projection, Not Hispanic/Latino) 20.51% 16.63% 18.2% % Native Hawaiian / Other Pacific Islander (Five Year Projection, Not Hispanic/Latino) 0.11% 0.18% 0.24% % Some other race (Five Year Projection, Not Hispanic/Latino) 1.1% 0.6% 0.5% % Two or more races (Five Year Projection, Not Hispanic/Latino) 1.65% 2.56% 3.15% % White (Five Year Projection, Hispanic/Latino) 82.53% 84.21% 85.63% % Black/African American (Five Year Projection, Hispanic/Latino) 0.47% 0.48% 0.52% % American Indian & Alaska Native (Five Year Projection, Hispanic/Latino) 0.58% 0.4% 0.38% % Asian (Five Year Projection, Hispanic/Latino) 0.03% 0.09% 0.1% % Native Hawaiian / Other Pacific Islander (Five Year Projection, Hispanic/Latino) 0% 0.02% 0.01% % Some other race (Five Year Projection, Hispanic/Latino) 14.81% 13.07% 11.61% % Two or more races (Five Year Projection, Hispanic/Latino) 1.59% 1.74% 1.75%

8 Housing & Households Housing and Household's Land Area (Estimated Square Miles) Total Housing Units (Current Year) 3,826 34,700 76,003 Total Households (Current Year) 3,500 31,524 69,627 Total Households (Five Year Projection) 3,578 33,746 76,361 Owner-Occupied: Owned with a mortgage or loan 835 9,212 22,886 Owner-Occupied: Owned free and clear 1,199 9,962 19,898 Renter-Occupied 1,466 12,350 26,843 Housing Value (Current Year) Housing Value < $10, Housing Value $10,000-$14, Housing Value $15,000-$19, Housing Value $20,000-$24, Housing Value $25,000-$29, Housing Value $30,000-$34, Housing Value $35,000-$39, Housing Value $40,000-$49, ,538 Housing Value $50,000-$59, ,005 1,900 Housing Value $60,000-$69, ,011 2,028 Housing Value $70,000-$79, ,124 2,204 Housing Value $80,000-$89, ,433 3,166 Housing Value $90,000-$99, ,912 3,926 Housing Value $100,000-$124, ,541 5,752 Housing Value $125,000-$149, ,838 4,178 Housing Value $150,000-$174, ,511 3,634 Housing Value $175,000-$199, ,094 2,462 Housing Value $200,000-$249, ,111 2,510

9 Housing Value $250,000-$299, ,831 Housing Value $300,000-$399, ,624 Housing Value $400,000-$499, Housing Value $500,000-$749, Housing Value $750,000-$999, Housing Value $1,000,000 or more Total Owner-occupied housing units (OOHU) 2,033 19,174 42,784 Income Per Capita Income (2010 US Census, based on Total Population) $12,508 $17,126 $18,535 Per Capita Income (Current Year, based on Total Population) $13,552 $19,743 $21,907 Per Capita Income (Five Year Projection, based on Total Population) $15,877 $22,942 $25,276 Average (Mean) Household Income (Current Year) $42,103 $60,195 $67,519 Median Household Income (Current Year) $28,089 $39,112 $43,563 % Households by Income (Current Year) % Household Income < $10, % 11.54% 11% % Household Income $10,000-$14, % 8.92% 7.46% % Household Income $15,000-$19, % 7.46% 6.55% % Household Income $20,000-$24,999 9% 7.14% 6.4% % Household Income $25,000-$29, % 5.66% 5.25% % Household Income $30,000-$34, % 5.24% 5.24% % Household Income $35,000-$39, % 4.92% 4.83% % Household Income $40,000-$44, % 5.06% 4.55% % Household Income $45,000-$49, % 4.21% 4.17% % Household Income $50,000-$59, % 6.95% 7.94% % Household Income $60,000-$74, % 8.98% 9.44% % Household Income $75,000-$99, % 9.43% 10.38% % Household Income $100,000-$124, % 5.43% 6.25% % Household Income $125,000-$149, % 2.49% 3.01% % Household Income $150,000-$199, % 3.45% 3.4%

10 % Household Income $200,000-$249, % 1.2% 1.37% % Household Income $250,000-$499, % 1.21% 1.65% % Household Income $500, % 0.72% 1.12%

11 Education (Current Year) Education College undergraduate 490 6,425 14,108 Graduate or prof school ,142 Educational Attainment No schooling completed 340 2,336 4,278 Nursery to 4th grade 381 2,577 4,602 5th and 6th grade 693 4,313 8,065 7th and 8th grade 524 2,546 4,725 9th grade 492 2,753 5,145 10th grade 184 1,648 3,177 11th grade 183 1,785 3,388 12th grade, no diploma ,172 High school graduate, GED 1,353 13,212 28,442 Some college, <1 year 267 2,498 5,521 Some college, 1+ years 854 8,394 19,790 Associate s degree 274 2,890 7,306 Bachelor s degree ,077 24,942 Master s degree 201 2,622 6,789 Professional school degree ,359 Doctorate degree

12 Employment and Occupation Employment and Occupation Total Civilian employed population aged 16+ (2010 US Census) 3,511 35,217 79,526 Total Civilian employed population aged 16+ (Current Year) 4,025 39,783 91,771 Total Civilian employed population aged 16+ (Five Year Projection) 4,021 42, ,224 % Employment by Industry (2010 US Census) % Armed Forces (2010 US Census) 0% 0.33% 0.23% % Civilian, Employed (2010 US Census) 87.58% 91.15% 92.48% % Civilian, Unemployed (2010 US Census) 12.42% 8.52% 7.28% % Not in Labor Force (2010 US Census) 47.07% 42.49% 40.6% % Armed Forces (Current Year) 0% 0.32% 0.23% % Civilian, Employed (Current Year) 90.77% 93.39% 94.41% % Civilian, Unemployed (Current Year) 9.23% 6.29% 5.37% % Not in Labor Force (Current Year) 45.64% 40.98% 39.14% % Armed Forces (Five Year Projection) 0% 0.32% 0.21% % Civilian, Employed (Five Year Projection) 91.55% 94.07% 94.97% % Civilian, Unemployed (Five Year Projection) 8.45% 5.61% 4.82% % Not in Labor Force (Five Year Projection) 46.07% 41.25% 39.49% Transportation to Work (Current Year) Total Workers 16+ 4,025 39,783 91,771 Car, truck, or van 3,603 35,741 83,198 Public transport (not taxi) Worked at home 137 1,591 3,562

13 Travel Time to Work (Current Year) < 5 minutes 106 1,072 2, minutes 421 4,945 11, minutes 755 8,113 17, minutes 1,145 8,934 21, minutes 709 6,794 15, minutes 157 1,824 4, minutes 433 3,792 8, minutes minutes , minutes , minutes , minutes ,284

14 Consumer Expenditures (Current Year) Consumer Expenditures Total Alcoholic beverages $987,891 $10,387,806 $24,343,929 Total Apparel and services $4,263,402 $43,946,265 $102,390,972 Total Cash contributions $4,139,863 $45,295,720 $104,320,253 Total Education $2,017,135 $23,149,929 $56,750,454 Total Entertainment $5,859,226 $62,167,206 $146,566,897 Total Food $17,568,035 $187,504,671 $442,221,628 Total Gifts $2,027,327 $21,061,147 $48,611,140 Total Healthcare $10,794,708 $116,302,225 $269,046,001 Total Housing $42,882,977 $449,595,489 $1,048,308,708 Total Miscellaneous $1,629,502 $18,324,978 $42,327,599 Total Personal care products and services $1,826,254 $19,640,536 $45,605,516 Total Personal insurance and pensions $10,931,127 $130,327,301 $320,721,003 Total Reading $205,925 $2,190,626 $4,939,372 Total Tobacco products and smoking supplies $1,122,106 $11,246,085 $25,949,441 Total Transportation $32,361,344 $344,015,199 $813,946,535 Retail Demand by Store Type Total Retail Demand $114,619,140 $1,221,910,022 $2,877,091,431 Building Material & Garden Equipment & Supply Dealers $6,515,496 $71,078,068 $164,809,086 Clothing & Clothing Accessories Stores $4,876,932 $50,431,448 $117,241,614 Electronics and Appliance Stores $1,953,606 $20,992,576 $49,554,429 Food & Beverage Stores $13,870,898 $143,260,812 $333,365,182 Food Services & Drinking Places $13,545,372 $150,211,037 $359,036,437 Furniture & Home Furnishings Stores $2,131,191 $23,814,400 $56,690,512 Gasoline stations $10,010,848 $101,785,455 $237,894,926 General Merchandise Stores $13,274,060 $138,013,964 $321,727,683

15 General Merchandise, Apparel and Accessories, Furniture and Other Sales $24,348,622 $255,807,507 $598,523,401 Health & Personal Care Stores $7,245,537 $75,459,298 $172,651,375 Miscellaneous Store Retailers $2,313,282 $24,443,546 $57,010,426 Motor Vehicle & Parts Dealers $26,786,398 $294,289,372 $707,588,286 Nonstore retailers $10,602,846 $112,182,080 $261,664,090 Sporting Goods, Hobby, Musical Instrument, and Book Stores $1,492,676 $15,947,966 $37,857,386 Business Summary by SIC Agriculture, Forestry, & Fishing (01-09) Construction (15-17) Finance, Insurance, & Real Estate (60-69) ,085 Manufacturing (20-39) Mining (10-14) Public Administration (90-98) Retail Trade (52-59) 93 1,103 2,178 Services (70-89) 138 2,048 4,628 Transportation, Communications, Electric, Gas, & Sanitary Services (40-49) Wholesale Trade (50-51) Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. Each sales representative and broker is responsible for complying with any consumer disclosure laws or regulations. 2016/2017 Demographics provided by Experian through Alteryx