Stucco Retail
New
For Sale
Contact for pricing
3002 S Jackson Road, McAllen, TX 78503
The property includes customer and employee parking on a commercial lot in McAllen.
Property Size2,880 SF
Lot Size0.41 Acres
Price / SF$1.40
Days on Market2
Property Features for 3002 S Jackson Road
General Information
Standard status
Active
Size
2,880 SF
Lot size
0.41 Acres
Property subtype
Commercial
Additional Details
Property Use
Office, Retail, Service
Building Details
Year Built
2011
Buildings
1
Construction
stucco
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:38PM
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 SANETI REALTY GROUP
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Investment Insights
Based on property information with market context.
This 2,880-square-foot retail building was constructed in 2011 and has a stucco exterior. It occupies a 0.4145-acre lot in McAllen, Texas, with parking available for customers and employees.
Key Highlights
- 2,880‑square‑foot retail building constructed in 2011
- 0.4145‑acre lot in McAllen, Texas
- Stucco exterior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,107
Suggested Prices Based on Cap Rates
Cap Rate 5%
$822,140
$822.1K
Cap Rate 7%
$587,243
$587.2K
Cap Rate 9%
$456,744
$456.7K
Market Conditions
NOI Build-Up for 2,880 SF
Gross rent
$62.2K $21.60/SF
− Vacancy
−$3.5K −$1.21/SF
EGI
$58.7K $20.39/SF
− OpEx
−$17.6K −$6.12/SF
NOI
$41.1K $14.27/SF
Area
McAllen, TX
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$822,140
Cap Rate 7%
$587,243
Cap Rate 9%
$456,744
Alternative Uses
Best Use
Retail
$587.2K
$513.8K – $685.1K
NOI $41,107 @ 7.0% cap · market cap 1,019.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$782.0K
$684.3K – $912.4K
NOI $54,743 @ 7.0% cap · market cap 1,357.71%
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
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
San Felipe
Dining
1,700 visits/mo
0.3 miles
Demographics for 78503, TX
23,604
Population
8,090
Households
2.9
Avg Household Size
35
Median Age
25%
College-Educated
71%
High-School Grad
19.2 sq mi
ZIP Area
1,229
Density / Sq Mi
$48,765
Median Household Income
$27,514
Median Earnings
$1,087
Median Rent
$130,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The property includes customer and employee parking on a commercial lot in McAllen.
Where is this retail space located?
The property is located at 3002 S Jackson Road McAllen, TX.
What are key features of this property?
This property features: 2,880‑square‑foot retail building constructed in 2011; 0.4145‑acre lot in McAllen, Texas; Stucco exterior
