Retail Strip
New
For Sale
Contact for pricing
1328 S Jackson Road Unit 700, McAllen, TX 78503
The property is on S Jackson Road in McAllen, south of Sam’s Club.
Property Size667 SF
Price / SF$1.98
Days on Market2
Property Features for 1328 S Jackson Road Unit 700
General Information
Standard status
Active
Size
667 SF
Property subtype
Commercial
Building Details
Year Built
2011
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:31PM
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 retail strip center at 1328 S Jackson Road in McAllen was built in 2011. The property information identifies Unit 700 as the address suite.
The site is south of Sam’s Club along Jackson Road.
The site is south of Sam’s Club along Jackson Road.
Key Highlights
- Built in 2011
- Located on S Jackson Road, south of Sam’s Club
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,520
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,400
$190.4K
Cap Rate 7%
$136,000
$136.0K
Cap Rate 9%
$105,778
$105.8K
Market Conditions
NOI Build-Up for 667 SF
Gross rent
$14.4K $21.60/SF
− Vacancy
−$807 −$1.21/SF
EGI
$13.6K $20.39/SF
− OpEx
−$4.1K −$6.12/SF
NOI
$9.5K $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%
$190,400
Cap Rate 7%
$136,000
Cap Rate 9%
$105,778
Alternative Uses
Best Use
Retail
$136.0K
$119.0K – $158.7K
NOI $9,520 @ 7.0% cap · market cap 721.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$181.1K
$158.5K – $211.3K
NOI $12,678 @ 7.0% cap · market cap 960.45%
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
1,006
Businesses Nearby
332k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 39%
Superstores 36%
Home Improvements & Furnishings 14%
Dining 10%
Costco Wholesale
Superstores
120,004 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
45,749 visits/mo
0.4 miles
Sam's Club Gas Station
Shops & Services
43,724 visits/mo
0.1 miles
Costco Gasoline
Shops & Services
31,109 visits/mo
0.5 miles
Bank of America
Shops & Services
20,034 visits/mo
0.4 miles
Demographics for 78503, TX
23,604
Population
8,090
Households
2.9
Avg Household Size
35
Median Age
25%
College-Educated
71%
High-School Grad
19.2 sq mi
ZIP Area
1,229
Density / Sq Mi
$48,765
Median Household Income
$27,514
Median Earnings
$1,087
Median Rent
$130,100
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?
Strip mall - The property is on S Jackson Road in McAllen, south of Sam’s Club.
Where is this strip mall located?
The property is located at 1328 S Jackson Road Unit 700 McAllen, TX.
What are key features of this property?
This property features: Built in 2011; Located on S Jackson Road, south of Sam’s Club
