215 N 2nd St McAllen, TX
Long-standing auto mechanic shop available for sale.
Property Features for 215 N 2nd St
General Information
- Standard status
- Active
- Size
- 3,850 SF
- Lot size
- 0.16 Acres
- Property subtype
- RETAIL
Listing office Aztec Realty & Investments (956) 571-0484
Listing date Aug 22, 2025
Source Moodyscre
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 Aztec Realty & Investments
Investment Insights
Based on property information with market context.
Key Highlights
- Established business location since the mid 1970's
- Suitable for auto mechanic shop or other new user
- Ready for next generation mechanic shop
Local Financial Insights For Industrial
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 | $35.1k | $9.12 |
| − Vacancy | −$1.4k | −$0.36 |
| EGI | $33.7k | $8.76 |
| − OpEx | −$10.1k | −$2.63 |
| NOI | $23.6k | $6.14 |
Alternative Uses
Property Analytics
Current Use by Public Records
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- AA GLAS MECHANIC — 2615 S McColl Rd, Edinburg, TX 78539
