Building Details

Building Size 9,622 SF

Year Built 2019

Listing Agency: NAI STX McAllen

Listed By: Laura Liza Paz, SIOR · License #TX #437175 Show Phone

Source: Naiglobal

Added: Apr 1 Changed: Oct 11 Last Checked: Oct 20 at 6:30PM

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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 NAI STX McAllen

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Investment Insights

Based on property information with market context.

This strip center offers an opportunity for office, retail, medical, or professional service users in a McAllen location. The property features 9,622 square feet of space, situated on 1.00 gross acres. It is suitable for tenants seeking a buildout to suit their specific business needs. Located minutes from The University of Texas, the location benefits from consistent traffic, convenient access, and proximity to surrounding retail, dining, and service amenities. The center is designed for functionality and accessibility, with ample on-site parking to accommodate both clients and employees. This property provides a chance to establish or expand a presence in a commercial corridor, offering visibility, exposure, and a flexible layout that supports a variety of business operations.

Key Highlights

• High‑visibility location in McAllen, ideal for attracting customers.
• Versatile 9,622 square feet of space suitable for office, retail, medical, or professional services.
• Ample on‑site parking for clients and employees.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$107,234

Cap Rate

3.64%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,144,680 $2.1M

Cap Rate 7%

$1,531,914 $1.5M

Cap Rate 9%

$1,191,489 $1.2M

Is this asking price fair?

Market Conditions

NOI Build-Up for 9,622 SF

Gross rent

$167.4K $17.40/SF

− Vacancy

−$14.2K −$1.48/SF

EGI

$153.2K $15.92/SF

− OpEx

−$46.0K −$4.78/SF

NOI

$107.2K $11.14/SF

Area

Edinburg, TX

Vacancy

8.50%

Lease Rate

$17.40 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,144,680

Cap Rate 7%

$1,531,914

Cap Rate 9%

$1,191,489

Alternative Uses

Best Use

Retail

$1.53M

$1.34M – $1.79M (±1% cap)

NOI $107,234 @ 7.0% cap · market cap 3.64%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$2.50M

$2.18M – $2.91M (±1% cap)

NOI $174,766 @ 7.0% cap · market cap 5.92%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

322

Businesses Nearby

Explore this area Business Placement

Demographics for 78539, TX

37,686

Population

15,759

Households

2.4

Avg Household Size

34

Median Age

37%

College-Educated

84%

High-School Grad

12.2 sq mi

ZIP Area

3,089

Density / Sq Mi

$64,864

Median Household Income

$38,413

Median Earnings

$1,034

Median Rent

$198,300

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Strip mall - 9,622 SF strip center suitable for various businesses.

Where is this strip mall located?

The property is located at 2104 S McColl Rd Edinburg, TX.

What is the asking price?

The asking price for this property is $2,950,000.

What are key features of this property?

This property features: High‑visibility location in McAllen, ideal for attracting customers.; Versatile 9,622 square feet of space suitable for office, retail, medical, or professional services.; Ample on‑site parking for clients and employees.