Office Suite in Secured
New
For Sale
Contact for pricing
200 S 10th Street Unit 304, McAllen, TX 78501
The office tower provides round-the-clock staffed security, on-site banking, and options for move-in-ready or custom-built suites.
Property Size1,571 SF
Price / SF$2.50
Days on Market3
Property Features for 200 S 10th Street Unit 304
General Information
Standard status
Active
Size
1,571 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Property Use
Office
Amenities
unbeatable views
24-hour uniformed security
on-site banking
Building Details
Year Built
1980
Listing Agency:
Texus Realty
Listed By:
Israel Gutierrez · License #0558344
(512) 846-9332
Source:
Texusrealty
Added: Oct 30
Last Checked: Oct 30 at 2:04AM
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 Texus Realty
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.
Suite 304 is in an office tower built in 1980 in McAllen’s central business district. The building offers staffed security at all hours and on-site banking. Suites may be available in move-in-ready condition, with custom build-outs also possible to building standards and immediate occupancy noted.
The property has access to Interstate 2 (U.S. Highway 83) and is near McAllen’s Convention Center, McAllen Miller International Airport, hotels, and restaurants.
The property has access to Interstate 2 (U.S. Highway 83) and is near McAllen’s Convention Center, McAllen Miller International Airport, hotels, and restaurants.
Key Highlights
- Office suite at 200 S 10th Street, Unit 304, McAllen, TX 78501
- Office tower constructed in 1980
- Security personnel on site 24 hours a day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,032
Suggested Prices Based on Cap Rates
Cap Rate 5%
$420,640
$420.6K
Cap Rate 7%
$300,457
$300.5K
Cap Rate 9%
$233,689
$233.7K
Market Conditions
NOI Build-Up for 1,571 SF
Gross rent
$33.0K $21.00/SF
− Vacancy
−$4.9K −$3.15/SF
EGI
$28.0K $17.85/SF
− OpEx
−$7.0K −$4.46/SF
NOI
$21.0K $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%
$420,640
Cap Rate 7%
$300,457
Cap Rate 9%
$233,689
Alternative Uses
Best Use
Office B
$300.5K
$262.9K – $350.5K
NOI $21,032 @ 7.0% cap · market cap 535.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$426.6K
$373.3K – $497.7K
NOI $29,862 @ 7.0% cap · market cap 760.43%
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 office tower provides round-the-clock staffed security, on-site banking, and options for move-in-ready or custom-built suites.
Where is this office unit located?
The property is located at 200 S 10th Street Unit 304 McAllen, TX.
What are key features of this property?
This property features: Office suite at 200 S 10th Street, Unit 304, McAllen, TX 78501; Office tower constructed in 1980; Security personnel on site 24 hours a day
