Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1001 N Jackson Rd McAllen, TX 78501

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.20 SF/Yr ($1,565 /Mo)

    15,652 SF commercial space suitable for retail or office.

    Property size:
    15,652 SF
    Lot size:
    15,652 SF

    Property Features for 1001 N Jackson Rd

    General Information

    Size
    15,652 SF

    Building Details

    Year built
    1980

    We can help!

    Listing Contact
    Laura Liza Paz, SIOR
    Source: Naiglobal

    Listing Agent: Laura Liza Paz, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Prime Commercial Space For Rent

    This commercial space offers 15,652 square feet suitable for retail or office ventures. The property benefits from a location with high visibility and accessibility, potentially ensuring foot traffic. Situated along Jackson Road, between Jasmine Avenue and Laurel Avenue, the location offers proximity to US Expressway 83 and Business Highway 83. This space is suitable for a retail store, showroom, call center, or corporate office headquarters.
    Location Intelligence

    Current Use by Public Records

    El Bingo Grande Bingo Hall Rink Family Fun ... Ice Skating Rink

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.202913
    Latitude
    26.209825

    Nearby Similar for Lease

    • $1,000 /Mo
      24,833 SF

      Modern Office Suites Available

      Move-in ready office spaces with included utilities and common areas.
      710 Laurel St, McAllen, TX 78501
      View Details
    • $3,322 /Mo
      1,661 SF

      McAllen Commercial Space For Lease

      1,661 Sqft commercial space suitable for medical, retail, professional services.
      2801 West Expy 83 Fwy, McAllen, TX 78503
      View Details
    • $1,350 /Mo
      675 SF

      Prime Retail/Office Corner Opportunity

      High-visibility retail or office space for lease in McAllen.
      3200 N Mccoll Rd, McAllen, TX 78501
      View Details
    • $3,870 /Mo
      1,800 SF

      Prime Retail/Office Corner Opportunity

      High-visibility retail or office space for lease in McAllen.
      3200 N Mccoll Rd, McAllen, TX 78501
      View Details
    • $2,700 /Mo
      1,350 SF

      Prime Retail/Office Corner Opportunity

      Retail or office space available for lease in McAllen, TX.
      3200 N Mccoll Rd, McAllen, TX 78501
      View Details
    • $3,870 /Mo
      1,800 SF

      Prime Retail/Office Corner Opportunity

      High-visibility retail or office space for lease in McAllen.
      3200 N Mccoll Rd, McAllen, TX 78501
      View Details
    • $24 SF/Yr
      16,380 SF

      Retail Space at Shoppes on Trenton

      Premier retail space for lease in high-traffic McAllen location.
      8221 N Col Rowe Blvd, McAllen, TX 78504
      View Details
    • $16,922 /Mo
      5,385 SF

      Restaurant Ready Suite on 10th

      Restaurant suite in high-traffic McAllen location, equipment included.
      7017 N 10Th St, McAllen, TX 78504
      View Details
    • $450 /Mo
      140 SF

      McAllen Office Suites For Lease

      Professional office suites available in central McAllen location.
      4313 N 10Th St, McAllen, TX 78504
      View Details
    • $4,900 /Mo
      2,000 SF

      Premier Plaza Commercial Space Available

      Versatile commercial unit in prestigious Rio Grande Valley plaza.
      101 E Expy 83 Hwy, McAllen, TX 78501
      View Details
    • $5,000 /Mo
      3,450 SF

      Prime McAllen Bar/Restaurant/Retail Location

      Exceptional bar/restaurant/retail opportunity in vibrant downtown McAllen.
      113 S 17Th St, McAllen, TX 78501
      View Details
    • $1,898 /Mo
      1,035 SF

      McAllen Office Space For Rent

      Office space in Trenton Palms Shopping Center, North McAllen.
      7017 N 10Th St, McAllen, TX 78504
      View Details

    FAQs

    What type of property is this?
    Retail space - 15,652 SF commercial space suitable for retail or office.
    Where is this retail space located?
    The property is located at 1001 N Jackson Rd McAllen, TX.
    What is the lease rate?
    The lease rate is $1.20 SF/Yr.
    What are key features of this property?
    This property features: - Expansive 15,652 SF commercial space suitable for retail or office.; - Prime location with high visibility and easy accessibility.; - Great exposure along Jackson Road.
    (956) 227-8000
    Request Owner's contact information
    1001 N Jackson Rd McAllen, TX 78501
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1001 N Jackson Rd
    McAllen, TX 78501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1001 N Jackson Rd McAllen, TX 78501
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Laura Liza Paz, SIOR
    Real Estate License ID: TX #437175
    (956) 227-8000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.