Medical Office Suite with Pass-Through
New
For Sale
Contact for pricing
2010 S Cynthia Street, McAllen, TX 78501
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 Market4
Property Features for 2010 S Cynthia Street
General Information
Standard status
Active
Size
600 SF
Property subtype
Commercial
Additional Details
Property Use
Medical Office
Medical Specialty
Pharmacy
Building Details
Year Built
2002
Listing Agency:
Texus Realty
Listed By:
Israel Gutierrez · License #0558344
(512) 846-9332
Source:
Texusrealty
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 2:02AM
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
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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
1,199
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
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Banfield Pet Hospital — 420 E Expressway 83, McAllen, TX 78503
- McAllen Urgent Vet — 101 E Expressway 83 Suite 140, McAllen, TX 78501
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 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
