Office-Integrated Flex
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For Sale
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1401 E Hackberry Avenue, McAllen, TX 78501
A front open area, private office, and air-conditioned warehouse share a single suite with ground-level overhead-door access.
Property Size2,700 SF
Price / SF$1.50
Days on Market4
Property Features for 1401 E Hackberry Avenue
General Information
Standard status
Active
Size
2,700 SF
Property subtype
Commercial
Building Details
Year Built
2006
Listing Agency:
Texus Realty
Listed By:
Israel Gutierrez · License #0558344
(512) 846-9332
Source:
Texusrealty
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 1:52AM
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 Texus Realty
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Investment Insights
Based on property information with market context.
This 2,700-square-foot flex suite combines an open area at the front with an office, an office bathroom, and a separate air-conditioned warehouse. The warehouse has a ground-level overhead door and its own bathroom. The building dates to 2006.
The property is at 1401 E Hackberry Avenue in McAllen, between Jackson Road and McColl Road.
The property is at 1401 E Hackberry Avenue in McAllen, between Jackson Road and McColl Road.
Key Highlights
- 2,700 square feet of flex space
- Air‑conditioned warehouse with a ground‑level overhead door
- Front open area, private office, and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,565
Suggested Prices Based on Cap Rates
Cap Rate 5%
$331,300
$331.3K
Cap Rate 7%
$236,643
$236.6K
Cap Rate 9%
$184,056
$184.1K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$24.6K $9.12/SF
− Vacancy
−$960 −$0.36/SF
EGI
$23.7K $8.76/SF
− OpEx
−$7.1K −$2.63/SF
NOI
$16.6K $6.14/SF
Area
McAllen, TX
Vacancy
3.90%
Lease Rate
$9.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$331,300
Cap Rate 7%
$236,643
Cap Rate 9%
$184,056
Alternative Uses
Best Use
Warehouse
$284.4K
$248.9K – $331.9K
NOI $19,911 @ 7.0% cap · market cap 491.63%
Second Best
Flex RnD
$239.0K
$209.1K – $278.8K
NOI $16,728 @ 7.0% cap · market cap 413.04%
Theoretical Best
Office A
$733.2K
$641.5K – $855.4K
NOI $51,322 @ 7.0% cap · market cap 1,267.21%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,115
Businesses Nearby
Well-served
Demand for This Use
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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
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Luby's — 1900 W Expy 83, Pharr, TX 78577
- Premier Catering & Events — 819 W Ferguson Ave, Pharr, TX 78577
- La Cocina de Conchis — 1301 E Pecan Blvd Ste A, McAllen, TX 78501
Frequently Asked Questions
What type of property is this?
Flex space - A front open area, private office, and air-conditioned warehouse share a single suite with ground-level overhead-door access.
Where is this flex space located?
The property is located at 1401 E Hackberry Avenue McAllen, TX.
What are key features of this property?
This property features: 2,700 square feet of flex space; Air‑conditioned warehouse with a ground‑level overhead door; Front open area, private office, and two bathrooms
