Medical Office with Treatment
For Sale
$695,000
1100 W TYLER AVE., Harlingen, TX 78550
Commercial Sale, HARLINGEN, TX
Property Size5,161 SF
Lot Size0.48 Acres
Price / SF$134.66
Days on Market252
Property Features for 1100 W TYLER AVE.
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
BOGGUS
Standard status
Active
Size
5,161 SF
Lot size
0.48 Acres
Building Details
Year built
1993
Floors in Building
1
Listing Agency:
Sapphire Prime Realty
Listed By:
Liz Givens
(956) 266-4919
Added: Jan 14
Changed: Sep 3
Last Checked: Sep 23 at 4:06AM
MLS# 29771306
Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5,161-square-foot medical office property in Harlingen was built in 1993 and includes a layout designed around clinical and administrative functions. The interior provides six patient rooms, one procedure room, two laboratory rooms, two waiting areas, a reception zone, a manager’s office, a physician’s office with a full bathroom and lounge, six storage rooms, and six bathrooms.
Located at 1100 W Tyler Ave., the property occupies 0.48 acres in Cameron County. Its existing room arrangement supports medical office operations and is also identified for potential rehabilitation center, home health center, or daycare use.
Located at 1100 W Tyler Ave., the property occupies 0.48 acres in Cameron County. Its existing room arrangement supports medical office operations and is also identified for potential rehabilitation center, home health center, or daycare use.
Key Highlights
- 5,161‑square‑foot medical office property built in 1993
- Six patient rooms and one procedure room
- Two laboratory rooms and two waiting areas
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$62,205
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,244,100
$1.2M
Cap Rate 7%
$888,643
$888.6K
Cap Rate 9%
$691,167
$691.2K
Market Conditions
NOI Build-Up for 5,161 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$111.5K $21.60/SF
− Vacancy
−$7.8K −$1.51/SF
EGI
$103.7K $20.09/SF
− OpEx
−$41.5K −$8.04/SF
NOI
$62.2K $12.05/SF
Area
Cameron County, TX
Vacancy
7.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,244,100
Cap Rate 7%
$888,643
Cap Rate 9%
$691,167
Alternative Uses
Best Use
Healthcare Medical
$888.6K
$777.6K – $1.04M
NOI $62,205 @ 7.0% cap · market cap 8.95%
Second Best
Office B
$676.8K
$592.2K – $789.6K
NOI $47,378 @ 7.0% cap · market cap 6.82%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,111
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78550, TX
56,038
Population
22,347
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
77%
High-School Grad
94.2 sq mi
ZIP Area
595
Density / Sq Mi
$51,524
Median Household Income
$32,065
Median Earnings
$863
Median Rent
$120,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured with patient rooms, procedure space, labs, offices, storage, and multiple restrooms.
Where is this medical office space located?
The property is located at 1100 W TYLER AVE. Harlingen, TX.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 5,161‑square‑foot medical office property built in 1993; Six patient rooms and one procedure room; Two laboratory rooms and two waiting areas
