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Modern Office Building with Garage
For Sale
$700,000

1303 Silver Avenue, Donna, TX 78537

Commercial Sale, Donna, TX

Property Size2,024 SF
Lot Size0.18 Acres
Price / SF$345.85
Days on Market98

Property Features for 1303 Silver Avenue

General Information

Property type Commercial Sale
Property subtype Other
Parking 10
Parking features Special Needs
Security features Security Lighting
Patio and Porch features Patio, Porch
Exterior features Sprinkler System, Workshop
Accessibility Accessible Approach with Ramp
Appliances Electric Water Heater
Subdivision Southeast
Lot features Downtown
Directions From Interstate Hwy 2, Exit Salinas International Blvd and head south until reaching Silver Ave, Turn West on Silver Ave. Continue West office building with be on the southside of Silver Ave accross from Donna City Hall.
Standard status Active
APN S480000000002200
Size 2,024 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5084

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 2020
Floors in Building 1
Building materials Aluminum Siding, Stone
Roof type Metal
Additional Structures Workshop
Listing Agency: BIG Realty
Listed By: Ricardo Benavides · License #TREC#574075
Added: Jul 9 Changed: Oct 8 Last Checked: Oct 14 at 6:06AM
MLS# 509204

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.

Investment Insights

Based on property information with market context.

Built in 2020, this 2,024-square-foot office building combines a professional workplace layout with adaptable support space. The interior includes six private offices that can be leased individually, a reception area, conference room, employee lounge, and storage garage suitable for equipment, inventory, or company vehicles. An additional attic area of more than 2,000 square feet provides substantial storage capacity or potential expansion, subject to buyer needs and applicable building requirements.

The property occupies 0.1768 acres at 1303 Silver Avenue in downtown Donna, near City Hall and the Public Works District. Improvements include a metal roof, aluminum siding and stone exterior, central heating and cooling, a sprinkler system, workshop space, patio, porch, and an accessible ramped approach.

Key Highlights

  • 2,024‑square‑foot office building on 0.1768 acres
  • Six private offices available for individual leasing
  • Reception area, conference room, and employee lounge

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,856
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$677,120 $677.1K
Cap Rate 7%
$483,657 $483.7K
Cap Rate 9%
$376,178 $376.2K
Market Conditions
NOI Build-Up for 2,024 SF
Gross rent
$62.2K $30.72/SF
− Vacancy
−$17.0K −$8.42/SF
EGI
$45.1K $22.30/SF
− OpEx
−$11.3K −$5.58/SF
NOI
$33.9K $16.73/SF
Area
Hidalgo County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$677,120
Cap Rate 7%
$483,657
Cap Rate 9%
$376,178

Alternative Uses

Best Use
Office B
$483.7K
$423.2K – $564.3K (±1% cap)
NOI $33,856 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.52M
$1.33M – $1.78M (±1% cap)
NOI $106,715 @ 7.0% cap · market cap 15.25%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

1OAK Contracting, LLC Construction Company

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Gym & Fitness Center Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Office units

Location Intelligence

Trade Area within ½ mile

554
Businesses Nearby

Demographics for 78537, TX

51,962
Population
16,683
Households
3.1
Avg Household Size
28
Median Age
10%
College-Educated
54%
High-School Grad
57.6 sq mi
ZIP Area
902
Density / Sq Mi
$36,331
Median Household Income
$20,354
Median Earnings
$744
Median Rent
$74,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Office property with private suites, meeting space, and flexible storage for business operations.
Where is this office building located?
The property is located at 1303 Silver Avenue Donna, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 2,024‑square‑foot office building on 0.1768 acres; Six private offices available for individual leasing; Reception area, conference room, and employee lounge
More about this property
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