McColl-Facing Endcap Retail
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For Sale
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3200 N Mccoll Road Unit 100, McAllen, TX 78501
C-3 zoning supports a range of commercial uses at this corner retail location.
Property Size1,800 SF
Price / SF$2.15
Days on Market2
Property Features for 3200 N Mccoll Road Unit 100
General Information
Standard status
Active
Size
1,800 SF
Net Rentable
1,800 SF
Property subtype
Commercial
Zoning
C-3
Additional Details
Condition
Shell
Property Use
Office
Building Details
Year Built
2018
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:26PM
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 1,800-square-foot retail suite occupies an end-cap position in a commercial center built in 2018. The space faces N. McColl Road and is described as a clean shell for a customized build-out. On-site parking serves the center.
The property is at the northeast corner of N. McColl Road and Fern Avenue in McAllen. Its C-3 zoning supports a range of commercial uses.
The property is at the northeast corner of N. McColl Road and Fern Avenue in McAllen. Its C-3 zoning supports a range of commercial uses.
Key Highlights
- 1,800 SF rentable end‑cap suite
- Faces N. McColl Road at the northeast corner of Fern Avenue
- C‑3 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,692
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,840
$513.8K
Cap Rate 7%
$367,029
$367.0K
Cap Rate 9%
$285,467
$285.5K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$38.9K $21.60/SF
− Vacancy
−$2.2K −$1.21/SF
EGI
$36.7K $20.39/SF
− OpEx
−$11.0K −$6.12/SF
NOI
$25.7K $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%
$513,840
Cap Rate 7%
$367,029
Cap Rate 9%
$285,467
Alternative Uses
Best Use
Retail
$367.0K
$321.2K – $428.2K
NOI $25,692 @ 7.0% cap · market cap 663.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$488.8K
$427.7K – $570.2K
NOI $34,214 @ 7.0% cap · market cap 884.08%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,279
Businesses Nearby
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Business Placement
Demographics for 78501, TX
60,817
Population
24,807
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
77%
High-School Grad
15.5 sq mi
ZIP Area
3,924
Density / Sq Mi
$49,451
Median Household Income
$29,092
Median Earnings
$943
Median Rent
$149,000
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - C-3 zoning supports a range of commercial uses at this corner retail location.
Where is this retail space located?
The property is located at 3200 N Mccoll Road Unit 100 McAllen, TX.
What are key features of this property?
This property features: 1,800 SF rentable end‑cap suite; Faces N. McColl Road at the northeast corner of Fern Avenue; C‑3 zoning
