Office Suite with
New
For Sale
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1400 N Mccoll Road Unit 205, McAllen, TX 78501
A private-office and conference layout opens onto an outdoor balcony within a secured office property.
Property Size1,233 SF
Price / SF$1.75
Days on Market2
Property Features for 1400 N Mccoll Road Unit 205
General Information
Standard status
Active
Size
1,233 SF
Property subtype
Commercial
Building Details
Year Built
2004
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:54PM
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.
Suite 205 offers 1,233 square feet of office space with a reception area, two private offices, and a boardroom that connects to an outdoor balcony. The boardroom’s magnetic walls support presentation use. The suite is within a 2004-built office property equipped with digital security, high-speed internet options, and high-tech HVAC, with a well-lit parking area.
The property sits at N. McColl Road and Pecan Boulevard in an office park in the Rio Grande Valley. The current tenant plans to retire and may vacate before lease end with landlord approval. Furnishings may also be available for purchase from the tenant, in whole or in part.
The property sits at N. McColl Road and Pecan Boulevard in an office park in the Rio Grande Valley. The current tenant plans to retire and may vacate before lease end with landlord approval. Furnishings may also be available for purchase from the tenant, in whole or in part.
Key Highlights
- 1,233‑square‑foot suite with reception area, 2 private offices, and a boardroom
- Boardroom connects to an outdoor balcony and has magnetic presentation walls
- Digital security systems, high‑tech HVAC, and fast internet options
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,507
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,140
$330.1K
Cap Rate 7%
$235,814
$235.8K
Cap Rate 9%
$183,411
$183.4K
Market Conditions
NOI Build-Up for 1,233 SF
Gross rent
$25.9K $21.00/SF
− Vacancy
−$3.9K −$3.15/SF
EGI
$22.0K $17.85/SF
− OpEx
−$5.5K −$4.46/SF
NOI
$16.5K $13.39/SF
Area
McAllen, TX
Vacancy
15.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,140
Cap Rate 7%
$235,814
Cap Rate 9%
$183,411
Alternative Uses
Best Use
Office B
$235.8K
$206.3K – $275.1K
NOI $16,507 @ 7.0% cap · market cap 765.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$334.8K
$293.0K – $390.6K
NOI $23,437 @ 7.0% cap · market cap 1,086.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
900
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 Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A private-office and conference layout opens onto an outdoor balcony within a secured office property.
Where is this office unit located?
The property is located at 1400 N Mccoll Road Unit 205 McAllen, TX.
What are key features of this property?
This property features: 1,233‑square‑foot suite with reception area, 2 private offices, and a boardroom; Boardroom connects to an outdoor balcony and has magnetic presentation walls; Digital security systems, high‑tech HVAC, and fast internet options
