Mixed-Use Property with
New
For Sale
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3750 Gardenia Avenue, McAllen, TX 78501
A two-level office component complements warehouse space, storage rooms, and a restroom.
Property Size3,500 SF
Price / SF$0.48
Days on Market2
Property Features for 3750 Gardenia Avenue
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Commercial
Building Details
Year Built
1983
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:30PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,500-square-foot mixed-use property combines warehouse space with a two-story office area. Several smaller rooms provide additional storage, and the building includes one restroom. Constructed in 1983, the property offers distinct office, warehouse, and storage areas within a single facility.
Key Highlights
- 3,500‑square‑foot mixed‑use property
- Two‑story office area alongside warehouse space
- Multiple smaller rooms for storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,811
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,220
$516.2K
Cap Rate 7%
$368,729
$368.7K
Cap Rate 9%
$286,789
$286.8K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$31.5K $9.00/SF
− Vacancy
−$1.1K −$0.32/SF
EGI
$30.4K $8.68/SF
− OpEx
−$4.6K −$1.30/SF
NOI
$25.8K $7.37/SF
Area
McAllen, TX
Vacancy
3.60%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,220
Cap Rate 7%
$368,729
Cap Rate 9%
$286,789
Alternative Uses
Best Use
Mixed Use
$607.5K
$531.6K – $708.8K
NOI $42,525 @ 7.0% cap · market cap 2,525.24%
Second Best
Warehouse
$368.7K
$322.6K – $430.2K
NOI $25,811 @ 7.0% cap · market cap 1,532.72%
Theoretical Best
Office A
$950.4K
$831.6K – $1.11M
NOI $66,528 @ 7.0% cap · market cap 3,950.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
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
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A two-level office component complements warehouse space, storage rooms, and a restroom.
Where is this mixed-use property located?
The property is located at 3750 Gardenia Avenue McAllen, TX.
What are key features of this property?
This property features: 3,500‑square‑foot mixed‑use property; Two‑story office area alongside warehouse space; Multiple smaller rooms for storage
