Coworking Space with Conference
New
For Sale
Contact for pricing
3400 N Mccoll Road Unit 38, McAllen, TX 78504
Reception, Wi-Fi, mail service, and shared break-room facilities are included.
Property Size190 SF
Price / SF$3.42
Days on Market2
Property Features for 3400 N Mccoll Road Unit 38
General Information
Standard status
Active
Size
190 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Condition
Move-in Ready
Property Use
Executive Suites
Amenities
reception area
conference rooms
break room area
internet Wi-Fi
mail service
signage available
beautiful common areas
Building Details
Year Built
2007
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:11PM
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.
Built in 2007, this McAllen coworking property offers office suites with access to a reception area, conference rooms, and a break room. Internet Wi-Fi and mail service are provided, and the suites are move-in ready. Common areas, signage availability, and on-site parking are also part of the offering.
The property is at 3400 N McColl Road, with access to I-69 and I-2 via nearby major and arterial roads.
The property is at 3400 N McColl Road, with access to I-69 and I-2 via nearby major and arterial roads.
Key Highlights
- Office suites with reception, conference rooms, and a break room
- Wi‑Fi and mail service provided
- Move‑in‑ready suites with common areas and signage available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,544
Suggested Prices Based on Cap Rates
Cap Rate 5%
$50,880
$50.9K
Cap Rate 7%
$36,343
$36.3K
Cap Rate 9%
$28,267
$28.3K
Market Conditions
NOI Build-Up for 190 SF
Gross rent
$4.0K $21.00/SF
− Vacancy
−$599 −$3.15/SF
EGI
$3.4K $17.85/SF
− OpEx
−$848 −$4.46/SF
NOI
$2.5K $13.39/SF
Area
McAllen, TX
Vacancy
15.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$50,880
Cap Rate 7%
$36,343
Cap Rate 9%
$28,267
Alternative Uses
Best Use
Office B
$36.3K
$31.8K – $42.4K
NOI $2,544 @ 7.0% cap · market cap 391.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$51.6K
$45.2K – $60.2K
NOI $3,612 @ 7.0% cap · market cap 555.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,281
Businesses Nearby
Explore this area
Business Placement
Demographics for 78504, TX
56,830
Population
21,417
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
86%
High-School Grad
19.6 sq mi
ZIP Area
2,899
Density / Sq Mi
$77,627
Median Household Income
$41,632
Median Earnings
$1,178
Median Rent
$203,900
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?
Coworking space - Reception, Wi-Fi, mail service, and shared break-room facilities are included.
Where is this coworking space located?
The property is located at 3400 N Mccoll Road Unit 38 McAllen, TX.
What are key features of this property?
This property features: Office suites with reception, conference rooms, and a break room; Wi‑Fi and mail service provided; Move‑in‑ready suites with common areas and signage available
