Flex Space with Loading
New
For Sale
Contact for pricing
3418 W Ash Avenue, McAllen, TX 78501
A gated, fenced property includes warehouse and office areas, on-site parking, and a high-security system.
Property Size11,229 SF
Lot Size5.00 Acres
Price / SF$1.07
Days on Market2
Property Features for 3418 W Ash Avenue
General Information
Standard status
Active
Size
11,229 SF
Lot size
5.00 Acres
Property subtype
Commercial
Site & Location
Road Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Office Build-Out
3,133 SF
Dock-High Doors
2
Additional Details
Property Use
Warehouse
Building Details
Year Built
2005
Buildings
2
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 2:37AM
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 flex property combines warehouse, office, and storage areas, with two loading wells supporting the building’s logistics function. A metal fence and gated entrance enclose the site, which also has on-site parking and a high-security system. The property was built in 2005.
The site is on W Ash Avenue, near Ware Road and Business 83 in McAllen, Texas.
The site is on W Ash Avenue, near Ware Road and Business 83 in McAllen, Texas.
Key Highlights
- Two loading wells
- Warehouse, office, and storage areas
- Metal fence with gated entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,890
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,377,800
$1.4M
Cap Rate 7%
$984,143
$984.1K
Cap Rate 9%
$765,444
$765.4K
Market Conditions
NOI Build-Up for 11,229 SF
Gross rent
$102.4K $9.12/SF
− Vacancy
−$4.0K −$0.36/SF
EGI
$98.4K $8.76/SF
− OpEx
−$29.5K −$2.63/SF
NOI
$68.9K $6.14/SF
Area
McAllen, TX
Vacancy
3.90%
Lease Rate
$9.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,377,800
Cap Rate 7%
$984,143
Cap Rate 9%
$765,444
Alternative Uses
Best Use
Warehouse
$1.18M
$1.04M – $1.38M
NOI $82,809 @ 7.0% cap · market cap 690.08%
Second Best
Flex RnD
$993.9K
$869.6K – $1.16M
NOI $69,570 @ 7.0% cap · market cap 579.75%
Theoretical Best
Office A
$3.05M
$2.67M – $3.56M
NOI $213,441 @ 7.0% cap · market cap 1,778.68%
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
2
Dock-high doors
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
576
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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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View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A gated, fenced property includes warehouse and office areas, on-site parking, and a high-security system.
Where is this flex space located?
The property is located at 3418 W Ash Avenue McAllen, TX.
What are key features of this property?
This property features: Two loading wells; Warehouse, office, and storage areas; Metal fence with gated entrance
