Retail Space with
New
For Sale
Contact for pricing
1109 N Jackson Road, McAllen, TX 78501
An open interior with kitchen, multiple rooms, restrooms and showers supports a range of commercial layouts.
Property Size6,040 SF
Price / SF$1.80
Days on Market2
Property Features for 1109 N Jackson Road
General Information
Standard status
Active
Size
6,040 SF
Property subtype
Commercial
Amenities
kitchen area
restrooms and shower
Building Details
Year Built
1989
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SANETI REALTY GROUP
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,040-square-foot retail space, built in 1989, has a large open area, a kitchen, several additional rooms, restrooms and showers. Expansive windows bring natural light into the interior, and on-site parking serves the property.
An adjacent 3,488-square-foot unit can be combined with this space, creating a total of 9,528 square feet. The property is on N Jackson Road in McAllen, Texas.
An adjacent 3,488-square-foot unit can be combined with this space, creating a total of 9,528 square feet. The property is on N Jackson Road in McAllen, Texas.
Key Highlights
- 6,040 square feet; built in 1989
- Interior includes a kitchen, open area, additional rooms, restrooms and showers
- Expansive windows bring natural light into the space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,211
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,724,220
$1.7M
Cap Rate 7%
$1,231,586
$1.2M
Cap Rate 9%
$957,900
$957.9K
Market Conditions
NOI Build-Up for 6,040 SF
Gross rent
$130.5K $21.60/SF
− Vacancy
−$7.3K −$1.21/SF
EGI
$123.2K $20.39/SF
− OpEx
−$36.9K −$6.12/SF
NOI
$86.2K $14.27/SF
Area
McAllen, TX
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,724,220
Cap Rate 7%
$1,231,586
Cap Rate 9%
$957,900
Alternative Uses
Best Use
Retail
$1.23M
$1.08M – $1.44M
NOI $86,211 @ 7.0% cap · market cap 792.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.64M
$1.44M – $1.91M
NOI $114,808 @ 7.0% cap · market cap 1,056.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
970
Businesses Nearby
138k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Leisure 55%
Shops & Services 45%
Cinemark Pharr Town Center and XD
Leisure
75,742 visits/mo
0.4 miles
Wells Fargo
Shops & Services
13,421 visits/mo
0.3 miles
Sunoco
Shops & Services
12,992 visits/mo
0.2 miles
Exxon
Shops & Services
12,772 visits/mo
0.3 miles
Jo-Ann Fabric and Craft
Shops & Services
11,884 visits/mo
0.5 miles
Demographics for 78501, TX
60,817
Population
24,807
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
77%
High-School Grad
15.5 sq mi
ZIP Area
3,924
Density / Sq Mi
$49,451
Median Household Income
$29,092
Median Earnings
$943
Median Rent
$149,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - An open interior with kitchen, multiple rooms, restrooms and showers supports a range of commercial layouts.
Where is this retail space located?
The property is located at 1109 N Jackson Road McAllen, TX.
What are key features of this property?
This property features: 6,040 square feet; built in 1989; Interior includes a kitchen, open area, additional rooms, restrooms and showers; Expansive windows bring natural light into the space
