Two-Story Mixed-Use
New
For Sale
Contact for pricing
3400 N Mccoll Road Unit 3, McAllen, TX 78577
Ground-floor space suits retail or office use, with executive office suites on the upper level.
Property Size200 SF
Price / SF$2.75
Days on Market2
Property Features for 3400 N Mccoll Road Unit 3
General Information
Standard status
Active
Size
200 SF
Property subtype
Commercial
Additional Details
Property Use
Office
Building Details
Year Built
2007
Tenancy
Multi
Listing Agency:
Texus Realty
Listed By:
Israel Gutierrez · License #0558344
(512) 846-9332
Source:
Texusrealty
Added: Nov 1
Changed: Nov 2
Last Checked: Nov 2 at 2:38AM
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 Texus Realty
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Investment Insights
Based on property information with market context.
This mixed-use property contains ground-floor space suited to retail or office occupancy, along with multiple executive office suites on the second floor. The upper-level suites are offered with an all-inclusive lease structure; tenants handle janitorial service within their individual units. Built in 2007, the building brings retail and office space together in one property.
The property is at 3400 N McColl Road in McAllen, Texas.
The property is at 3400 N McColl Road in McAllen, Texas.
Key Highlights
- Ground‑floor space configured for retail or office use
- Multiple executive office suites on the second floor
- Upper‑level suites offered with an all‑inclusive lease structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,430
Suggested Prices Based on Cap Rates
Cap Rate 5%
$48,600
$48.6K
Cap Rate 7%
$34,714
$34.7K
Cap Rate 9%
$27,000
$27.0K
Market Conditions
NOI Build-Up for 200 SF
Gross rent
$4.3K $21.60/SF
− Vacancy
−$432 −$2.16/SF
EGI
$3.9K $19.44/SF
− OpEx
−$1.5K −$7.29/SF
NOI
$2.4K $12.15/SF
Area
McAllen, TX
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$48,600
Cap Rate 7%
$34,714
Cap Rate 9%
$27,000
Alternative Uses
Best Use
Retail
$40.8K
$35.7K – $47.6K
NOI $2,855 @ 7.0% cap · market cap 519.09%
Second Best
Office B
$38.3K
$33.5K – $44.6K
NOI $2,678 @ 7.0% cap · market cap 486.91%
Theoretical Best
Office A
$54.3K
$47.5K – $63.4K
NOI $3,802 @ 7.0% cap · market cap 691.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,281
Businesses Nearby
Explore this area
Business Placement
Demographics for 78577, TX
79,937
Population
26,568
Households
3
Avg Household Size
30
Median Age
18%
College-Educated
70%
High-School Grad
26.0 sq mi
ZIP Area
3,075
Density / Sq Mi
$49,768
Median Household Income
$28,186
Median Earnings
$988
Median Rent
$111,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor space suits retail or office use, with executive office suites on the upper level.
Where is this mixed-use property located?
The property is located at 3400 N Mccoll Road Unit 3 McAllen, TX.
What are key features of this property?
This property features: Ground‑floor space configured for retail or office use; Multiple executive office suites on the second floor; Upper‑level suites offered with an all‑inclusive lease structure
