2014 W Nolana Avenue, McAllen, TX 78504
COMMERCIAL - McAllen, TX
Property Features for 2014 W Nolana Avenue
General Information
Taxes and HOA fees
Utilities
Amenities
Building Details
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Investment Insights
Based on property information with market context.
Set on a 0.1928-acre lot with plenty of parking and no HAO fees. There is a grassed area in the back that may be expanded with city permission. The location is close to local pillars including McAllen Museum, Walmart, Frost Bank, and The McAllen Library.
This property is presented as a ready-to-operate salon with additional suite space that can support multiple uses or rental income within the same storefront setting.
Key Highlights
- 0.1928‑acre lot for the turnkey salon storefront at 2014 W Nolana Avenue
- 1,900 SF salon layout with open concept reception and desk
- 8‑foot doors and high ceilings throughout the salon
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.0k | $21.60 |
| − Vacancy | −$2.3k | −$1.21 |
| EGI | $38.7k | $20.39 |
| − OpEx | −$11.6k | −$6.12 |
| NOI | $27.1k | $14.27 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 78504, TX
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
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