Office Suite with 24-Hour
New
For Sale
Contact for pricing
200 S 10th Street Unit 111, McAllen, TX 78501
Office space in a McAllen CBD tower offers on-site banking and access to building security around the clock.
Property Size10,233 SF
Price / SF$2.50
Days on Market2
Property Features for 200 S 10th Street Unit 111
General Information
Standard status
Active
Size
10,233 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Property Use
Office
Amenities
24-hour uniformed security
on-site banking
Building Details
Year Built
1980
Buildings
1
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:20PM
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.
Located at 200 S 10th Street in McAllen’s central business district, this office unit is within a tower completed in 1980. The listed property size is 10,233 square feet. Suite configurations vary, with move-in-ready options and the possibility of custom buildouts to building standards; immediate occupancy is available.
Building features include uniformed security operating 24 hours a day and an on-site bank. The property is near Interstate 2, also designated U.S. Highway 83, as well as the McAllen Convention Center, McAllen Miller International Airport, hotels and restaurants.
Building features include uniformed security operating 24 hours a day and an on-site bank. The property is near Interstate 2, also designated U.S. Highway 83, as well as the McAllen Convention Center, McAllen Miller International Airport, hotels and restaurants.
Key Highlights
- 10,233‑square‑foot office unit
- In a McAllen CBD tower built in 1980
- 24‑hour uniformed security
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$136,994
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,739,880
$2.7M
Cap Rate 7%
$1,957,057
$2.0M
Cap Rate 9%
$1,522,156
$1.5M
Market Conditions
NOI Build-Up for 10,233 SF
Gross rent
$214.9K $21.00/SF
− Vacancy
−$32.2K −$3.15/SF
EGI
$182.7K $17.85/SF
− OpEx
−$45.7K −$4.46/SF
NOI
$137.0K $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%
$2,739,880
Cap Rate 7%
$1,957,057
Cap Rate 9%
$1,522,156
Alternative Uses
Best Use
Office B
$1.96M
$1.71M – $2.28M
NOI $136,994 @ 7.0% cap · market cap 535.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.78M
$2.43M – $3.24M
NOI $194,509 @ 7.0% cap · market cap 760.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,494
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 - Office space in a McAllen CBD tower offers on-site banking and access to building security around the clock.
Where is this office unit located?
The property is located at 200 S 10th Street Unit 111 McAllen, TX.
What are key features of this property?
This property features: 10,233‑square‑foot office unit; In a McAllen CBD tower built in 1980; 24‑hour uniformed security
