18-Suite Shopping
For Sale
$5,500,000
205 W Nolana Loop, San Juan, TX 78589
Commercial Sale, San Juan, TX
Property Size21,000 SF
Lot Size2.46 Acres
Price / SF$261.90
Days on Market201
Property Features for 205 W Nolana Loop
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
134
Accessibility
Accessible Approach with Ramp
Appliances
Water Heater (Other)
Subdivision
San Juan Plaza
Directions
From Expressway 281 head east on Nolana Loop. Property will be on the right hand side before Raul Longoria Rd.
Standard status
Active
APN
S106000000000100
Size
21,000 SF
Lot size
2.46 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
60490
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2017
Floors in Building
1
Building materials
Stone, Stucco
Roof type
Flat
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Jaime Lee Gonzalez · License #713189
(956) 599-8400
Added: Apr 15
Changed: Oct 8
Last Checked: Nov 1 at 2:06PM
MLS# 481963
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.
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Investment Insights
Based on property information with market context.
The property is an 18-suite shopping center containing 21,000 square feet on 2.46 acres. Built in 2017, the improvements feature stone and stucco construction, a flat roof, central heating, central air, and an accessible approach with ramp. A water heater is also included.
Located at 205 W Nolana Loop in San Juan, the center is surrounded by established businesses including Stripes Valero, Delia's Tamales, and McDonald's. The site provides frontage exposure and access to the surrounding commercial corridor.
Located at 205 W Nolana Loop in San Juan, the center is surrounded by established businesses including Stripes Valero, Delia's Tamales, and McDonald's. The site provides frontage exposure and access to the surrounding commercial corridor.
Key Highlights
- 21,000‑square‑foot shopping center with 18 suites
- Located on 2.46 acres at 205 W Nolana Loop
- Built in 2017 with stone and stucco construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$283,545
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,670,900
$5.7M
Cap Rate 7%
$4,050,643
$4.1M
Cap Rate 9%
$3,150,500
$3.2M
Market Conditions
NOI Build-Up for 21,000 SF
Gross rent
$430.9K $20.52/SF
− Vacancy
−$25.9K −$1.23/SF
EGI
$405.1K $19.29/SF
− OpEx
−$121.5K −$5.79/SF
NOI
$283.5K $13.50/SF
Area
Hidalgo County, TX
Vacancy
6.00%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,670,900
Cap Rate 7%
$4,050,643
Cap Rate 9%
$3,150,500
Alternative Uses
Best Use
Retail
$4.05M
$3.54M – $4.73M
NOI $283,545 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$15.82M
$13.84M – $18.45M
NOI $1,107,225 @ 7.0% cap · market cap 20.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
268
Businesses Nearby
58k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 62%
Shops & Services 38%
McDonald's
Dining
35,812 visits/mo
0.2 miles
Valero Energy
Shops & Services
16,823 visits/mo
0.1 miles
7-Eleven
Shops & Services
5,093 visits/mo
0.1 miles
Demographics for 78589, TX
38,987
Population
12,393
Households
3.1
Avg Household Size
32
Median Age
13%
College-Educated
62%
High-School Grad
25.5 sq mi
ZIP Area
1,529
Density / Sq Mi
$51,662
Median Household Income
$27,679
Median Earnings
$926
Median Rent
$112,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Trinity Plaza — 3601 N Veterans Blvd suite c, San Juan, TX 78589
Frequently Asked Questions
What type of property is this?
Shopping center - Multi-suite retail property with central heating and cooling near established commercial businesses.
Where is this shopping center located?
The property is located at 205 W Nolana Loop San Juan, TX.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 21,000‑square‑foot shopping center with 18 suites; Located on 2.46 acres at 205 W Nolana Loop; Built in 2017 with stone and stucco construction
