Flex Space with Showroom and
New
For Sale
Contact for pricing
1201 E Jasmine Avenue Unit 1, McAllen, TX 78501
The adaptable layout includes four showrooms, storage areas, and overhead doors on both sides.
Property Size1,230 SF
Price / SF$2.00
Days on Market2
Property Features for 1201 E Jasmine Avenue Unit 1
General Information
Standard status
Active
Size
1,230 SF
Property subtype
Commercial
Additional Details
Property Use
Office/Showroom/Warehouse
Building Details
Year Built
2026
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:16PM
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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Investment Insights
Based on property information with market context.
This 1,230-square-foot flex property combines office and showroom areas with warehouse and storage space. Four distinct showrooms are accessible through a glass entrance, with overhead doors on both sides and front access to the center section. Ceiling heights reach 29 feet at the ends and provide 24 feet of clearance in the center. The layout can accommodate two tenants and includes demising walls, a bathroom, water, and HVAC. Built in 2026, the space is available February 2027.
Key Highlights
- 1,230 square feet of flex space
- Four separate showroom areas plus storage
- 29‑foot ceilings at the ends and 24‑foot center clearance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,546
Suggested Prices Based on Cap Rates
Cap Rate 5%
$150,920
$150.9K
Cap Rate 7%
$107,800
$107.8K
Cap Rate 9%
$83,844
$83.8K
Market Conditions
NOI Build-Up for 1,230 SF
Gross rent
$11.2K $9.12/SF
− Vacancy
−$437 −$0.36/SF
EGI
$10.8K $8.76/SF
− OpEx
−$3.2K −$2.63/SF
NOI
$7.5K $6.14/SF
Area
McAllen, TX
Vacancy
3.90%
Lease Rate
$9.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$150,920
Cap Rate 7%
$107,800
Cap Rate 9%
$83,844
Alternative Uses
Best Use
Retail
$250.8K
$219.5K – $292.6K
NOI $17,556 @ 7.0% cap · market cap 713.66%
Second Best
Warehouse
$129.6K
$113.4K – $151.2K
NOI $9,071 @ 7.0% cap · market cap 368.74%
Theoretical Best
Office A
$334.0K
$292.3K – $389.7K
NOI $23,380 @ 7.0% cap · market cap 950.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,859
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Classico Mc Allen — 117 S 17th St, McAllen, TX 78501
- Black Diamond BBQ - McAllen — 104 N Bicentennial Blvd, McAllen, TX 78501
- Sahadi Kitchen — 1126 Pecan Blvd, McAllen, TX 78501
Frequently Asked Questions
What type of property is this?
Flex space - The adaptable layout includes four showrooms, storage areas, and overhead doors on both sides.
Where is this flex space located?
The property is located at 1201 E Jasmine Avenue Unit 1 McAllen, TX.
What are key features of this property?
This property features: 1,230 square feet of flex space; Four separate showroom areas plus storage; 29‑foot ceilings at the ends and 24‑foot center clearance
