Chase Tower Office
New
For Sale
Contact for pricing
200 S 10th Street Unit 1302, McAllen, TX 78501
The suite can be occupied promptly or customized to the building’s delivery standards.
Property Size1,205 SF
Price / SF$2.67
Days on Market2
Property Features for 200 S 10th Street Unit 1302
General Information
Standard status
Active
Size
1,205 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
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:44PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,205-square-foot office unit is in The Chase Tower, a building completed in 1980. The suite is available for immediate occupancy, and custom build-out to building standards is possible. The property also offers 24-hour uniformed security and on-site banking.
The building is at 200 S 10th Street in McAllen, with access to Interstate 2, also designated U.S. Highway 83. The McAllen Convention Center, McAllen Miller International Airport, hotels, and restaurants are also identified as nearby destinations.
The building is at 200 S 10th Street in McAllen, with access to Interstate 2, also designated U.S. Highway 83. The McAllen Convention Center, McAllen Miller International Airport, hotels, and restaurants are also identified as nearby destinations.
Key Highlights
- 1,205‑square‑foot office unit at 200 S 10th Street, Unit 1302
- Completed in 1980
- 24‑hour uniformed security
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,132
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,640
$322.6K
Cap Rate 7%
$230,457
$230.5K
Cap Rate 9%
$179,244
$179.2K
Market Conditions
NOI Build-Up for 1,205 SF
Gross rent
$25.3K $21.00/SF
− Vacancy
−$3.8K −$3.15/SF
EGI
$21.5K $17.85/SF
− OpEx
−$5.4K −$4.46/SF
NOI
$16.1K $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%
$322,640
Cap Rate 7%
$230,457
Cap Rate 9%
$179,244
Alternative Uses
Best Use
Office B
$230.5K
$201.7K – $268.9K
NOI $16,132 @ 7.0% cap · market cap 501.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$327.2K
$286.3K – $381.8K
NOI $22,905 @ 7.0% cap · market cap 712.00%
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 - The suite can be occupied promptly or customized to the building’s delivery standards.
Where is this office unit located?
The property is located at 200 S 10th Street Unit 1302 McAllen, TX.
What are key features of this property?
This property features: 1,205‑square‑foot office unit at 200 S 10th Street, Unit 1302; Completed in 1980; 24‑hour uniformed security
