Coworking Suites with Shared
New
For Sale
Contact for pricing
3400 N Mccoll Road Unit 28, McAllen, TX 78501
Suite arrangements include utilities, Wi-Fi, conference room access, and a shared break room.
Property Size152 SF
Price / SF$3.95
Days on Market1
Property Features for 3400 N Mccoll Road Unit 28
General Information
Standard status
Active
Size
152 SF
Property subtype
Commercial
Additional Details
Property Use
Executive Suites
Amenities
conference rooms
shared break room
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 1:40AM
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.
Coworking suites are offered within an office center built in 2007 at 3400 N. McColl Road in McAllen. The arrangement includes utilities and Wi-Fi, along with access to conference rooms and a shared break room. Occupants handle janitorial service inside their individual suites.
Key Highlights
- Utilities and Wi‑Fi included with the suite arrangement
- Access to conference rooms and a shared break room
- Occupants are responsible for janitorial service within their suites
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,035
Suggested Prices Based on Cap Rates
Cap Rate 5%
$40,700
$40.7K
Cap Rate 7%
$29,071
$29.1K
Cap Rate 9%
$22,611
$22.6K
Market Conditions
NOI Build-Up for 152 SF
Gross rent
$3.2K $21.00/SF
− Vacancy
−$479 −$3.15/SF
EGI
$2.7K $17.85/SF
− OpEx
−$678 −$4.46/SF
NOI
$2.0K $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%
$40,700
Cap Rate 7%
$29,071
Cap Rate 9%
$22,611
Alternative Uses
Best Use
Office B
$29.1K
$25.4K – $33.9K
NOI $2,035 @ 7.0% cap · market cap 339.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$41.3K
$36.1K – $48.2K
NOI $2,889 @ 7.0% cap · market cap 481.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,281
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 Office in South region
Frequently Asked Questions
What type of property is this?
Coworking space - Suite arrangements include utilities, Wi-Fi, conference room access, and a shared break room.
Where is this coworking space located?
The property is located at 3400 N Mccoll Road Unit 28 McAllen, TX.
What are key features of this property?
This property features: Utilities and Wi‑Fi included with the suite arrangement; Access to conference rooms and a shared break room; Occupants are responsible for janitorial service within their suites
