Modern Barndominium Office
For Sale
$700,000
1303 Silver Avenue, Donna, TX 78537
COMMERCIAL - Donna, TX
Property Size2,024 SF
Lot Size0.18 Acres
Price / SF$345.85
Days on Market51
Property Features for 1303 Silver Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
10
Parking features
Special Needs
Security features
Security Lighting
Patio and Porch features
Porch, Patio
Exterior features
Sprinkler System, Workshop
Accessibility
Accessible Approach with Ramp
Appliances
Electric Water Heater
Subdivision
Southeast
Lot features
Downtown
Directions
From Interstate Hwy 2, Exit Salinas International Blvd and head south until reaching Silver Ave, Turn West on Silver Ave. Continue West office building with be on the southside of Silver Ave accross from Donna City Hall.
Standard status
Active
APN
S480000000002200
Size
2,024 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5084
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
reception office
conference room
employee lounge
storage garage
attic space
Building Details
Year built
2020
Floors in Building
1
Building materials
Aluminum Siding, Stone
Roof type
Metal
Additional Structures
Workshop
Listing Agency:
BIG Realty
(956) 465-0011
Listed By:
David Aguinaga
(956) 587-2724
Added: Jul 9
Changed: Aug 4
Last Checked: Aug 28 at 10:06AM
MLS# 509204
Copyright © 2026 Greater McAllen Association of Realtors. 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 modern barndominium office building is designed for client-facing work and day-to-day productivity. The interior floor plan includes six private offices that can be leased individually, along with a welcoming reception office, a spacious conference room for meetings and presentations, and a comfortable employee lounge. An on-site storage garage adds flexible space for equipment, inventory, or company vehicles.
Additional storage comes from an expansive 2,000+ square foot attic area, which may support future expansion planning subject to buyer needs and applicable building requirements. The property sits on a 0.1768-acre lot and totals 2,024 square feet, with aluminum siding and stone construction, a metal roof, and central heating and central air.
Built in 2020, the exterior includes a sprinkler system and workshop features, along with a patio and porch. Accessibility is supported by an accessible approach with ramp, and parking is identified for special needs. Located in the heart of downtown Donna, Texas, the property is moments from City Hall and the Public Works District.
Additional storage comes from an expansive 2,000+ square foot attic area, which may support future expansion planning subject to buyer needs and applicable building requirements. The property sits on a 0.1768-acre lot and totals 2,024 square feet, with aluminum siding and stone construction, a metal roof, and central heating and central air.
Built in 2020, the exterior includes a sprinkler system and workshop features, along with a patio and porch. Accessibility is supported by an accessible approach with ramp, and parking is identified for special needs. Located in the heart of downtown Donna, Texas, the property is moments from City Hall and the Public Works District.
Key Highlights
- 6 private offices plus reception, conference room, and employee lounge
- 2,024 SF modern barndominium office building on 0.1768‑acre lot
- Expansive 2,000+ SF attic space for storage and potential expansion
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
$33,856
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
4.84%
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%
$677,120
$677.1K
Cap Rate 7%
$483,657
$483.7K
Cap Rate 9%
$376,178
$376.2K
Market Conditions
NOI Build-Up for 2,024 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
$62.2K $30.72/SF
− Vacancy
−$17.0K −$8.42/SF
EGI
$45.1K $22.30/SF
− OpEx
−$11.3K −$5.58/SF
NOI
$33.9K $16.73/SF
Area
Hidalgo County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
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%
$677,120
Cap Rate 7%
$483,657
Cap Rate 9%
$376,178
Alternative Uses
Best Use
Office B
$483.7K
$423.2K – $564.3K
NOI $33,856 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.52M
$1.33M – $1.78M
NOI $106,715 @ 7.0% cap · market cap 15.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Office units
Location Intelligence
Trade Area within ½ mile
554
Businesses Nearby
Explore this area
Business Placement
Demographics for 78537, TX
51,962
Population
16,683
Households
3.1
Avg Household Size
28
Median Age
10%
College-Educated
54%
High-School Grad
57.6 sq mi
ZIP Area
902
Density / Sq Mi
$36,331
Median Household Income
$20,354
Median Earnings
$744
Median Rent
$74,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Modern office layout with six private offices, reception, conference room, and employee lounge, plus storage garage and attic space.
Where is this office units located?
The property is located at 1303 Silver Avenue Donna, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 6 private offices plus reception, conference room, and employee lounge; 2,024 SF modern barndominium office building on 0.1768‑acre lot; Expansive 2,000+ SF attic space for storage and potential expansion
