Medical Office Space with Treatment
New
For Sale
Contact for pricing
410 E Dove Avenue, McAllen, TX 78504
Reception, conference space, a kitchen-equipped break room, and restrooms serve medical or professional office functions.
Property Size3,510 SF
Price / SF$1.85
Days on Market2
Property Features for 410 E Dove Avenue
General Information
Standard status
Active
Size
3,510 SF
Property subtype
Commercial
Additional Details
Property Use
Medical or Professional Office
Amenities
reception area
private offices or treatment rooms
conference area
break room with kitchen
restrooms
Building Details
Year Built
1999
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:36PM
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.
This 3,510-square-foot medical office space at Dove Pointe has a reception area, six private offices or treatment rooms, and a conference area. A break room with kitchen and two restrooms round out the interior. The building dates to 1999.
Located at 410 E Dove Avenue in McAllen, the property sits across from DHR Health. Major roadways, other medical facilities, and surrounding businesses are nearby.
Located at 410 E Dove Avenue in McAllen, the property sits across from DHR Health. Major roadways, other medical facilities, and surrounding businesses are nearby.
Key Highlights
- 3,510 square feet of medical office space
- Six private offices or treatment rooms
- Reception, conference area, kitchen‑equipped break room, and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,490
Suggested Prices Based on Cap Rates
Cap Rate 5%
$909,800
$909.8K
Cap Rate 7%
$649,857
$649.9K
Cap Rate 9%
$505,444
$505.4K
Market Conditions
NOI Build-Up for 3,510 SF
Gross rent
$84.2K $24.00/SF
− Vacancy
−$8.4K −$2.40/SF
EGI
$75.8K $21.60/SF
− OpEx
−$30.3K −$8.64/SF
NOI
$45.5K $12.96/SF
Area
McAllen, TX
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$909,800
Cap Rate 7%
$649,857
Cap Rate 9%
$505,444
Alternative Uses
Best Use
Office B
$671.3K
$587.4K – $783.2K
NOI $46,990 @ 7.0% cap · market cap 723.59%
Second Best
Healthcare Medical
$649.9K
$568.6K – $758.2K
NOI $45,490 @ 7.0% cap · market cap 700.49%
Theoretical Best
Office A
$953.1K
$834.0K – $1.11M
NOI $66,718 @ 7.0% cap · market cap 1,027.38%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,549
Businesses Nearby
Under-served
Demand for This Use
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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
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Reception, conference space, a kitchen-equipped break room, and restrooms serve medical or professional office functions.
Where is this medical office space located?
The property is located at 410 E Dove Avenue McAllen, TX.
What are key features of this property?
This property features: 3,510 square feet of medical office space; Six private offices or treatment rooms; Reception, conference area, kitchen‑equipped break room, and two restrooms
