Office Unit with Building
New
For Sale
Contact for pricing
200 S 10th Street Unit 405, McAllen, TX 78501
The suite offers access to on-site banking and the building’s 24-hour uniformed security service.
Property Size2,357 SF
Price / SF$2.50
Days on Market2
Property Features for 200 S 10th Street Unit 405
General Information
Standard status
Active
Size
2,357 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 3:47PM
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 2,357-square-foot office unit is located in Chase Tower, a building completed in 1980. The property offers suites in a range of sizes, with some spaces ready for occupancy and custom layouts available to building standards. Immediate occupancy is available for qualifying spaces.
Building features include uniformed security around the clock and banking on site. The tower is near Interstate 2, also designated U.S. Highway 83, as well as McAllen’s Convention Center, McAllen Miller International Airport, hotels, and restaurants. The office space is at 200 S 10th Street in McAllen’s central business district.
Building features include uniformed security around the clock and banking on site. The tower is near Interstate 2, also designated U.S. Highway 83, as well as McAllen’s Convention Center, McAllen Miller International Airport, hotels, and restaurants. The office space is at 200 S 10th Street in McAllen’s central business district.
Key Highlights
- 2,357‑square‑foot office unit at Chase Tower
- Building dates to 1980
- 24‑hour uniformed security
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,554
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,080
$631.1K
Cap Rate 7%
$450,771
$450.8K
Cap Rate 9%
$350,600
$350.6K
Market Conditions
NOI Build-Up for 2,357 SF
Gross rent
$49.5K $21.00/SF
− Vacancy
−$7.4K −$3.15/SF
EGI
$42.1K $17.85/SF
− OpEx
−$10.5K −$4.46/SF
NOI
$31.6K $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%
$631,080
Cap Rate 7%
$450,771
Cap Rate 9%
$350,600
Alternative Uses
Best Use
Office B
$450.8K
$394.4K – $525.9K
NOI $31,554 @ 7.0% cap · market cap 535.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$640.0K
$560.0K – $746.7K
NOI $44,802 @ 7.0% cap · market cap 760.39%
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 offers access to on-site banking and the building’s 24-hour uniformed security service.
Where is this office unit located?
The property is located at 200 S 10th Street Unit 405 McAllen, TX.
What are key features of this property?
This property features: 2,357‑square‑foot office unit at Chase Tower; Building dates to 1980; 24‑hour uniformed security
