Mixed-Use Facility with Athletic
4309 W Business 83 Highway McAllen, TX 78501
For Sale
$6,000,000
COMMERCIAL - McAllen, TX
Property Size27,750 SF
Lot Size2.56 Acres
Price / SF$216.22
Days on Market192
Property Features for 4309 W Business 83 Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 10
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- B254300000000100
- Size
- 27,750 SF
- Lot size
- 2.56 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 45512
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2004
- Floors in Building
- 1
- Building materials
- Aluminum Siding, Stucco
- Roof type
- Metal
Listing Agency:
Encore Fine Properties
(956) 821-6170
Listed By:
Martie Martinez
(956) 393-7365
Added: Jan 16
Changed: Jun 9
Last Checked: Jul 27 at 6:06AM
MLS# 485568
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use commercial facility features a combination warehouse and fully equipped athletic gym/training center. The 29,550 square foot building sits on a 2.5+ acre lot. The property offers 22-foot clear ceiling height, four roll-up doors, HVAC throughout, and concrete floors. The layout is flexible and divisible. The gym area includes 22-foot ceilings, a full-size hardwood basketball court, a volleyball training area, a martial arts room, a weight training area with equipment, an incline ramp for training, private men's and women's restrooms, and a retail/office front area. Currently operating as a private athletic training center and vacant warehouse, this versatile property is ideal for sports/fitness, warehouse use, or redevelopment. The location along W. Bus. Hwy 83 offers convenient access on Bentsen Rd, with close proximity to Interstate Hwy 2, great visibility, and high traffic count. The property also includes a 2,684 square foot brick home, featuring 4 bedrooms and 3 bathrooms with some recent updates.
Key Highlights
- 29,550 SF mixed‑use commercial building with warehouse and fully equipped athletic gym/training center.
- Includes a 2,684 SqFt brick home with 4 beds/3 baths.
- Excellent location on W. Bus. Hwy 83 with convenient access to Bentsen Rd and close proximity to Interstate Hwy 2, offering great visibility and high traffic count.
Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $599.4k | $21.60 |
| − Vacancy | −$59.9k | −$2.16 |
| EGI | $539.5k | $19.44 |
| − OpEx | −$202.3k | −$7.29 |
| NOI | $337.2k | $12.15 |
27,750 SF · lease $21.60/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$4.82M
$4.21M – $5.62M
NOI $337,163 @ 7.0% cap · market cap 5.62%
Second Best
Warehouse
$2.92M
$2.56M – $3.41M
NOI $204,645 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$7.54M
$6.59M – $8.79M
NOI $527,472 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fitness centers & gyms
FAQs
What type of property is this?
Mixed-use property - Versatile property ideal for sports/fitness, warehouse, or redevelopment.
Where is this mixed-use property located?
The property is located at 4309 W Business 83 Highway McAllen, TX.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 29,550 SF mixed‑use commercial building with warehouse and fully equipped athletic gym/training center.; Includes a 2,684 SqFt brick home with 4 beds/3 baths.; Excellent location on W. Bus. Hwy 83 with convenient access to Bentsen Rd and close proximity to Interstate Hwy 2, offering great visibility and high traffic count.
