Medical Office Suite with Pass-Through
2010 S Cynthia Street 108 A, McAllen, TX 78501
For Sale
Contact for pricing
Occupants have utility and internet service, along with access to a shared reception area and public restrooms.
Property Size600 SF
Price / SF$3
Days on Market12
Property Features for 2010 S Cynthia Street 108 A
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Medical Specialty
Building Details
Year Built
Listing Agency:
Realty Executives Rio Grande Valley
(956) 971-8989
Listed By:
Romayeo (Ronnie) R. Esparza · License #0609166
(956) 433-9557
Source:
Texusrealty
Added: Oct 29
Changed: Nov 8
Last Checked: Nov 8 at 10:11AM
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 Realty Executives Rio Grande Valley
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 600-square-foot medical office space was built in 2002. Its layout includes a private office, a larger bullpen area with a restroom, and an enclosed front section fitted with a pass-through window. The configuration is described for pharmacy or other medical and office-related use.
The space is at 2010 S Cynthia Street in McAllen. Utility service, internet access, use of a large reception area, and access to public restrooms are included.
The space is at 2010 S Cynthia Street in McAllen. Utility service, internet access, use of a large reception area, and access to public restrooms are included.
Key Highlights
- 600‑square‑foot medical office space
- Interior includes an office, bullpen area, restroom, and enclosed front section with pass‑through window
- Utility service and internet access are included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,776
Suggested Prices Based on Cap Rates
Cap Rate 5%
$155,520
$155.5K
Cap Rate 7%
$111,086
$111.1K
Cap Rate 9%
$86,400
$86.4K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$14.4K $24.00/SF
− Vacancy
−$1.4K −$2.40/SF
EGI
$13.0K $21.60/SF
− OpEx
−$5.2K −$8.64/SF
NOI
$7.8K $12.96/SF
Area
McAllen, TX
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$155,520
Cap Rate 7%
$111,086
Cap Rate 9%
$86,400
Alternative Uses
Best Use
Office B
$114.8K
$100.4K – $133.9K
NOI $8,033 @ 7.0% cap · market cap 446.28%
Second Best
Healthcare Medical
$111.1K
$97.2K – $129.6K
NOI $7,776 @ 7.0% cap · market cap 432.00%
Theoretical Best
Office A
$162.9K
$142.6K – $190.1K
NOI $11,405 @ 7.0% cap · market cap 633.61%
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
1,080
Businesses Nearby
Under-served
Demand for This Use
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
$149,000
Median Home Value
Market
Average Price Trend$/SF for Medical Office Space in Hidalgo County, TX
Properties on Market for Medical Office Space in Hidalgo County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Occupants have utility and internet service, along with access to a shared reception area and public restrooms.
Where is this medical office space located?
The property is located at 2010 S Cynthia Street 108 A McAllen, TX.
What are key features of this property?
This property features: 600‑square‑foot medical office space; Interior includes an office, bullpen area, restroom, and enclosed front section with pass‑through window; Utility service and internet access are included
