Class A Office
For Sale
Contact for pricing
2420 E Tyler Ave, Harlingen, TX 78550
Class A office building with concrete tile roof and abundant natural lighting, offering private offices and shared workspaces.
Property Size11,707 SF
Price / SF$149.48
Days on Market466
Property Features for 2420 E Tyler Ave
General Information
Standard status
Active
Size
11,707 SF
Class
Class A
Property subtype
OFFICE
Amenities
conference room
workout room
atrium
Building Details
Buildings
1
Listing Agency:
NAI Rio Grande Valley | McAllen
(956) 495-9851
Listed By:
Eric Ziehe, CCIM
(956) 495-9851
Source:
Moodyscre
Added: Apr 24, 2025
Changed: Jul 30
Last Checked: Aug 2 at 2:35PM
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 Rio Grande Valley | McAllen
Investment Insights
Based on property information with market context.
Class A office building totaling 11,707 square feet with a concrete tile roof. The layout is designed to bring in natural lighting throughout the space.
Interior configuration includes 20 offices plus two large open work spaces for flexible team use. The building also provides a conference room for meetings, an executive office with an attached restroom, and a reception area in an atrium. Additional amenities include a workout room for on-site fitness.
This property’s mix of private offices, open work areas, and dedicated support rooms makes it suitable for office users looking for a functional combination of focused work and collaborative space.
Interior configuration includes 20 offices plus two large open work spaces for flexible team use. The building also provides a conference room for meetings, an executive office with an attached restroom, and a reception area in an atrium. Additional amenities include a workout room for on-site fitness.
This property’s mix of private offices, open work areas, and dedicated support rooms makes it suitable for office users looking for a functional combination of focused work and collaborative space.
Key Highlights
- 11,707 SF Class A office building
- Concrete tile roof
- Designed for natural lighting
Financial Insights For Office B
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 | $210.7k | $18.00 |
| − Vacancy | −$67.4k | −$5.76 |
| EGI | $143.3k | $12.24 |
| − OpEx | −$35.8k | −$3.06 |
| NOI | $107.5k | $9.18 |
11,707 SF · lease $18.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.54M
$1.34M – $1.79M
NOI $107,470 @ 7.0% cap · market cap 6.14%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$2.02M
$1.76M – $2.35M
NOI $141,102 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
944
Businesses Nearby
Explore this area
Business Placement
Demographics for 78550, TX
56,038
Population
22,347
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
77%
High-School Grad
94.2 sq mi
ZIP Area
595
Density / Sq Mi
$51,524
Median Household Income
$32,065
Median Earnings
$863
Median Rent
$120,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Class A office building with concrete tile roof and abundant natural lighting, offering private offices and shared workspaces.
Where is this office building located?
The property is located at 2420 E Tyler Ave Harlingen, TX.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 11,707 SF Class A office building; Concrete tile roof; Designed for natural lighting
