Chase Tower Office
New
For Sale
Contact for pricing
200 S 10th Street Unit 108, McAllen, TX 78501
Occupants have access to on-site banking and 24-hour uniformed security.
Property Size6,558 SF
Price / SF$2.67
Days on Market2
Property Features for 200 S 10th Street Unit 108
General Information
Standard status
Active
Size
6,558 SF
Property subtype
Commercial
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 4:17PM
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.
Office space is available at Chase Tower, a building constructed in 1980 at 200 S 10th Street in McAllen’s CBD. Suite sizes vary, with some spaces ready for occupancy and custom buildouts available to building standards.
The property offers on-site banking and 24-hour uniformed security. It is near Interstate 2 (U.S. Highway 83), the McAllen Convention Center, McAllen Miller International Airport, hotels, and restaurants.
The property offers on-site banking and 24-hour uniformed security. It is near Interstate 2 (U.S. Highway 83), the McAllen Convention Center, McAllen Miller International Airport, hotels, and restaurants.
Key Highlights
- Office space in Chase Tower, built in 1980
- 24‑hour uniformed security
- On‑site banking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,795
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,755,900
$1.8M
Cap Rate 7%
$1,254,214
$1.3M
Cap Rate 9%
$975,500
$975.5K
Market Conditions
NOI Build-Up for 6,558 SF
Gross rent
$137.7K $21.00/SF
− Vacancy
−$20.7K −$3.15/SF
EGI
$117.1K $17.85/SF
− OpEx
−$29.3K −$4.46/SF
NOI
$87.8K $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%
$1,755,900
Cap Rate 7%
$1,254,214
Cap Rate 9%
$975,500
Alternative Uses
Best Use
Office B
$1.25M
$1.10M – $1.46M
NOI $87,795 @ 7.0% cap · market cap 501.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,654 @ 7.0% cap · market cap 711.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
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 - Occupants have access to on-site banking and 24-hour uniformed security.
Where is this office unit located?
The property is located at 200 S 10th Street Unit 108 McAllen, TX.
What are key features of this property?
This property features: Office space in Chase Tower, built in 1980; 24‑hour uniformed security; On‑site banking
