Flex Space with Warehouse
New
For Sale
Contact for pricing
4200 22nd Street, McAllen, TX 78504
The layout accommodates storage, equipment staging, and daily work for service businesses.
Property Size3,500 SF
Price / SF$1.00
Days on Market2
Property Features for 4200 22nd Street
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Commercial
Additional Details
Property Use
Flex Space
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 3:06PM
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 3,500-square-foot flex property at 4200 22nd Street in McAllen was built in 1983. Its warehouse area supports storage, equipment staging, and day-to-day operations. Exterior improvements are underway.
An adjacent unit is available, providing the option to expand the space to 7,000 square feet with two overhead doors. The property is suited to service trades including HVAC, plumbing, electrical, pest control, and landscaping.
An adjacent unit is available, providing the option to expand the space to 7,000 square feet with two overhead doors. The property is suited to service trades including HVAC, plumbing, electrical, pest control, and landscaping.
Key Highlights
- 3,500 square feet of flex space
- Adjacent unit available for expansion to 7,000 SF
- Two overhead doors with the expanded space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,473
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,460
$429.5K
Cap Rate 7%
$306,757
$306.8K
Cap Rate 9%
$238,589
$238.6K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$31.9K $9.12/SF
− Vacancy
−$1.2K −$0.36/SF
EGI
$30.7K $8.76/SF
− OpEx
−$9.2K −$2.63/SF
NOI
$21.5K $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%
$429,460
Cap Rate 7%
$306,757
Cap Rate 9%
$238,589
Alternative Uses
Best Use
Warehouse
$368.7K
$322.6K – $430.2K
NOI $25,811 @ 7.0% cap · market cap 737.46%
Second Best
Flex RnD
$309.8K
$271.1K – $361.4K
NOI $21,684 @ 7.0% cap · market cap 619.54%
Theoretical Best
Office A
$950.4K
$831.6K – $1.11M
NOI $66,528 @ 7.0% cap · market cap 1,900.80%
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
1,143
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Luby's — 4901 N 10th St, McAllen, TX 78504
- Valley & Vine — 1544 Dove Ave W, McAllen, TX 78504
Frequently Asked Questions
What type of property is this?
Flex space - The layout accommodates storage, equipment staging, and daily work for service businesses.
Where is this flex space located?
The property is located at 4200 22nd Street McAllen, TX.
What are key features of this property?
This property features: 3,500 square feet of flex space; Adjacent unit available for expansion to 7,000 SF; Two overhead doors with the expanded space
