Rare 1-Acre Tract located in city limits in North McAllen in the heart of numerous residential and commercial developments with easy access to restaurants, medical, and entertainment facilities. A rare find on 1-acre with a 3,422 sqft house nestled in between well-established elm, ebony, & palm trees. Next to a new townhouse and single-family developments. The house needs repair which includes but is not limited to a new roof, and other items. Sold "As Is". While Dove Avenue features a combination of residential and commercial developments, the site is currently zoned R-1 for residential use.
The property is on the south side of Dove Ave. just west of The Village on Dove Townhomes which is at the corner of Dove Ave. and 2nd Street (Col. Rowe Blvd.).
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
