Two-Story Mixed-Use
New
For Sale
Contact for pricing
3400 N Mccoll Road Unit 40, McAllen, TX 78504
Ground-floor space accommodates retail or office use, with multiple office suites upstairs.
Property Size162 SF
Price / SF$3.40
Days on Market2
Property Features for 3400 N Mccoll Road Unit 40
General Information
Standard status
Active
Size
162 SF
Property subtype
Commercial
Additional Details
Mixed-Use Components
retail, office
Property Use
Retail/Office
Amenities
commons areas
conference rooms
signage
Building Details
Year Built
2007
Stories
2
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 2:42AM
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.
Built in 2007, this two-story mixed-use property at 3400 N McColl Road, Unit 40, in McAllen combines flexible ground-floor space with upper-level offices. The first floor is suited to retail or office occupancy, while the second floor contains multiple executive office suites.
Shared amenities include common areas, conference rooms, and signage availability. The property is offered for sale.
Shared amenities include common areas, conference rooms, and signage availability. The property is offered for sale.
Key Highlights
- Ground‑floor space supports retail or office occupancy
- Multiple executive office suites on the second floor
- Shared conference rooms and common areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,968
Suggested Prices Based on Cap Rates
Cap Rate 5%
$39,360
$39.4K
Cap Rate 7%
$28,114
$28.1K
Cap Rate 9%
$21,867
$21.9K
Market Conditions
NOI Build-Up for 162 SF
Gross rent
$3.5K $21.60/SF
− Vacancy
−$350 −$2.16/SF
EGI
$3.1K $19.44/SF
− OpEx
−$1.2K −$7.29/SF
NOI
$2.0K $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%
$39,360
Cap Rate 7%
$28,114
Cap Rate 9%
$21,867
Alternative Uses
Best Use
Retail
$33.0K
$28.9K – $38.5K
NOI $2,312 @ 7.0% cap · market cap 420.36%
Second Best
Office B
$31.0K
$27.1K – $36.2K
NOI $2,169 @ 7.0% cap · market cap 394.36%
Theoretical Best
Office A
$44.0K
$38.5K – $51.3K
NOI $3,079 @ 7.0% cap · market cap 559.82%
Zoning and permitted uses should be independently verified with authorities.
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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 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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor space accommodates retail or office use, with multiple office suites upstairs.
Where is this mixed-use property located?
The property is located at 3400 N Mccoll Road Unit 40 McAllen, TX.
What are key features of this property?
This property features: Ground‑floor space supports retail or office occupancy; Multiple executive office suites on the second floor; Shared conference rooms and common areas
