Chase Tower Office
New
For Sale
Contact for pricing
200 S 10th Street Unit 407, McAllen, TX 78501
The suite is in a building with 24-hour uniformed security and on-site banking.
Property Size2,966 SF
Price / SF$2.50
Days on Market2
Property Features for 200 S 10th Street Unit 407
General Information
Standard status
Active
Size
2,966 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 3:21PM
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.
Located at 200 S 10th Street, Unit 407, this office suite is part of Chase Tower, a building completed in 1980. Suites are offered in a range of sizes, with some ready for immediate occupancy; custom build-outs to building standards are also possible.
The building provides access to Interstate 2, also designated U.S. Highway 83, and is near McAllen’s Convention Center, McAllen Miller International Airport, hotels, and restaurants. On-site banking and 24-hour uniformed security are among the building’s features.
The building provides access to Interstate 2, also designated U.S. Highway 83, and is near McAllen’s Convention Center, McAllen Miller International Airport, hotels, and restaurants. On-site banking and 24-hour uniformed security are among the building’s features.
Key Highlights
- 24‑hour uniformed security
- On‑site banking
- Near Interstate 2 (U.S. Highway 83)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,707
Suggested Prices Based on Cap Rates
Cap Rate 5%
$794,140
$794.1K
Cap Rate 7%
$567,243
$567.2K
Cap Rate 9%
$441,189
$441.2K
Market Conditions
NOI Build-Up for 2,966 SF
Gross rent
$62.3K $21.00/SF
− Vacancy
−$9.3K −$3.15/SF
EGI
$52.9K $17.85/SF
− OpEx
−$13.2K −$4.46/SF
NOI
$39.7K $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%
$794,140
Cap Rate 7%
$567,243
Cap Rate 9%
$441,189
Alternative Uses
Best Use
Office B
$567.2K
$496.3K – $661.8K
NOI $39,707 @ 7.0% cap · market cap 535.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$805.4K
$704.7K – $939.6K
NOI $56,378 @ 7.0% cap · market cap 760.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The suite is in a building with 24-hour uniformed security and on-site banking.
Where is this office unit located?
The property is located at 200 S 10th Street Unit 407 McAllen, TX.
What are key features of this property?
This property features: 24‑hour uniformed security; On‑site banking; Near Interstate 2 (U.S. Highway 83)
