First-Floor Retail
New
For Sale
Contact for pricing
201 S 10th Street, McAllen, TX 78501
A multi-tenant commercial building provides elevator service and public restrooms for tenants and visitors.
Property Size16,688 SF
Price / SF$0.27
Days on Market2
Property Features for 201 S 10th Street
General Information
Standard status
Active
Size
16,688 SF
Property subtype
Commercial
Amenities
elevator
public restrooms
Building Details
Year Built
1986
Tenancy
Multi
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:30PM
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
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Investment Insights
Based on property information with market context.
Suite B offers 3,000 SF of first-floor retail space within a multi-tenant commercial building. An elevator and public restrooms serve the building, and an established bridal boutique occupies other ground-level space. Smaller suites on the second floor are also available for office or professional use.
The property at 201 S. 10th Street in McAllen provides access to downtown, nearby businesses, and surrounding residential neighborhoods. Built in 1986, the building includes retail space on the ground floor and additional suites above.
The property at 201 S. 10th Street in McAllen provides access to downtown, nearby businesses, and surrounding residential neighborhoods. Built in 1986, the building includes retail space on the ground floor and additional suites above.
Key Highlights
- 3,000 SF of first‑floor retail space in Suite B
- Multi‑tenant commercial building with a bridal boutique on the ground floor
- Elevator and public restrooms in the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$238,192
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,763,840
$4.8M
Cap Rate 7%
$3,402,743
$3.4M
Cap Rate 9%
$2,646,578
$2.6M
Market Conditions
NOI Build-Up for 16,688 SF
Gross rent
$360.5K $21.60/SF
− Vacancy
−$20.2K −$1.21/SF
EGI
$340.3K $20.39/SF
− OpEx
−$102.1K −$6.12/SF
NOI
$238.2K $14.27/SF
Area
McAllen, TX
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,763,840
Cap Rate 7%
$3,402,743
Cap Rate 9%
$2,646,578
Alternative Uses
Best Use
Retail
$3.40M
$2.98M – $3.97M
NOI $238,192 @ 7.0% cap · market cap 5,293.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.53M
$3.97M – $5.29M
NOI $317,206 @ 7.0% cap · market cap 7,049.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,481
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - A multi-tenant commercial building provides elevator service and public restrooms for tenants and visitors.
Where is this retail space located?
The property is located at 201 S 10th Street McAllen, TX.
What are key features of this property?
This property features: 3,000 SF of first‑floor retail space in Suite B; Multi‑tenant commercial building with a bridal boutique on the ground floor; Elevator and public restrooms in the building
