2014 W Nolana Avenue, McAllen, TX 78504
- Added:
- Jun 23, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 25 at 9:06 am
Property Features for 2014 W Nolana Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 15
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- M325301000000800
- Size
- 1,900 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2818
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1995
- Floors in Building
- 1
- Building materials
- Block, Stucco
- Roof type
- Flat
Listing agent Robert Kirby License #TREC#687948 (956) 279-8829
Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX (956) 928-1155
Listing date Jun 23, 2026
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turnkey salon in a high‑traffic McAllen location.
- Potential rental income from three existing suites.
- Open concept layout featuring high ceilings and 8‑foot doors.
- Flexible space: storage room convertible to bathroom, sitting area convertible to office.
- Ample parking and no HOA fees.
- Proximity to McAllen Museum, Walmart, Frost Bank, and The McAllen Library.
Overview
The property is situated in a high-traffic area of McAllen and is positioned close to well-known local anchors including McAllen Museum, Walmart, Frost Bank, and The McAllen Library. Parking is available on site, and the listing notes no HAO fees. A grassed area in the back may allow for expansion with city permission.
For a buyer seeking a ready-to-operate service use, the combination of reception, break and restroom facilities, and flexible room configurations can support immediate occupancy. The multi-suite setup may also appeal to those looking to manage separate rental suites within the same building, while the potential for a permitted add-on offers a path to customize the available space over time.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.0k | $21.60 |
| − Vacancy | −$2.3k | −$1.21 |
| EGI | $38.7k | $20.39 |
| − OpEx | −$11.6k | −$6.12 |
| NOI | $27.1k | $14.27 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Southern Roots Flower Market — 4400 n 23rd st #119, mcallen, tx 78504
Location Insight
- Map
- Local Demand
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.235075
- Latitude
- 26.241406
