Elevator-Access Retail
For Sale
Contact for pricing
5112 W Expy 83, McAllen, TX 78501
Retail space with elevator access, ample parking, and professional landscaping at 5112 W Expy 83.
Property Size26,500 SF
Price / SF$220.75
Days on Market1227
Property Features for 5112 W Expy 83
General Information
Standard status
Active
Size
26,500 SF
Property subtype
RETAIL
Amenities
Ample parking
High traffic visibility
Elevator access
Professional landscaping
Listing Agency:
NAI Rio Grande Valley | McAllen
(956) 227-8000
Listed By:
Laura Liza Paz
(956) 227-8000
Source:
Moodyscre
Added: Mar 27, 2023
Changed: Jul 30
Last Checked: Aug 3 at 3:19AM
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 NAI Rio Grande Valley | McAllen
Investment Insights
Based on property information with market context.
Retail space at 5112 W Expy 83 in McAllen, TX, totaling 26,500 square feet. The property is presented with elevator access, ample parking, and professional landscaping.
The site is described as having high traffic visibility and strong visibility for commercial users, supported by its noted McAllen-area location.
With its straightforward retail-focused footprint and on-site circulation for parking, the building is set up for tenants who value convenient access for both customers and staff.
The site is described as having high traffic visibility and strong visibility for commercial users, supported by its noted McAllen-area location.
With its straightforward retail-focused footprint and on-site circulation for parking, the building is set up for tenants who value convenient access for both customers and staff.
Key Highlights
- 26,500 SF retail space at 5112 W Expy 83
- Elevator access
- Ample on‑site parking
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $572.4k | $21.60 |
| − Vacancy | −$32.1k | −$1.21 |
| EGI | $540.3k | $20.39 |
| − OpEx | −$162.1k | −$6.12 |
| NOI | $378.2k | $14.27 |
26,500 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$5.40M
$4.73M – $6.30M
NOI $378,242 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.20M
$6.30M – $8.40M
NOI $503,712 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,223
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space with elevator access, ample parking, and professional landscaping at 5112 W Expy 83.
Where is this retail space located?
The property is located at 5112 W Expy 83 McAllen, TX.
What is the asking price?
The asking price for this property is $5,850,000.
What are key features of this property?
This property features: 26,500 SF retail space at 5112 W Expy 83; Elevator access; Ample on‑site parking
