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    McAllen Commercial Investment Opportunity Title is generated by Realmo AI

    4620 N Ware Road, McAllen, TX 78504

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    Claim this Listing
    For Sale
    $550,000

    COMMERCIAL - McAllen, TX

    Property size:
    5,266 SF
    Lot size:
    2.08 Acres
    Price / SF:
    $104/SF
    Added:
    May 6, 2026
    Days on Market:
    37
    Last Refresh:
    Jun 11 at 5:06 am

    Property Features for 4620 N Ware Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    12
    Exterior features
    Mature Trees
    Appliances
    Electric Water Heater
    Standard status
    Active
    APN
    F366000000001300
    Size
    5,266 SF
    Lot size
    2.08 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    17657

    Utilities

    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1971
    Floors in Building
    1
    Building materials
    Brick, Frame/Wood
    Roof type
    Composition

    We can help!

    Listing Contact
    Deborah Agyekum-Bimpong

    Listing agent Deborah Agyekum-Bimpong

    Listing office BIG Realty 4847 S Jackson Rd., Pharr, TX

    Listing date May 6, 2026

    MLS# 503251

    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.

    HighLights

    • Steady cash flow from all units currently rented
    • Unique commercial property featuring a 4‑plex, two rented lots, and two homes
    • Endless possibilities for expansion or redevelopment
    • Two spacious lots rented to mobile homeowners
    • Convenient access through Buddy Owens
    • Prime investment opportunity in a thriving area

    Overview

    This commercial property in McAllen, Texas, presents an investment opportunity. It includes a 4-plex, two lots rented to mobile homeowners, and two homes on Ware Road, accessible via Buddy Owens. The property is currently generating income with all units rented. The property size is 5266 square feet and the lot size is 2.0826 acres. The location offers possibilities for expansion or redevelopment.

    Local Financial Insights For Multifamily LT 5

    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 $72.7k $13.80
    − Vacancy −$4.7k −$0.89
    EGI $68.0k $12.91
    − OpEx −$20.4k −$3.87
    NOI $47.6k $9.04
    5,266 SF · lease $13.80/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $679.8K
    $594.8K – $793.1K (±1% cap)
    NOI $47,583 @ 7.0% cap · market cap 8.65%
    Second Best
    Apartment 5plus
    $624.7K
    $546.6K – $728.8K (±1% cap)
    NOI $43,729 @ 7.0% cap · market cap 7.95%
    Theoretical Best
    Office A
    $1.43M
    $1.25M – $1.67M (±1% cap)
    NOI $100,096 @ 7.0% cap · market cap 18.20%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.253158
    Latitude
    26.250246

    FAQs

    What type of property is this?
    Quadplex - Commercial property featuring a 4-plex, mobile home lots, and homes.
    Where is this quadplex located?
    The property is located at 4620 N Ware Road McAllen, TX.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Steady cash flow from all units currently rented; Unique commercial property featuring a 4‑plex, two rented lots, and two homes; Endless possibilities for expansion or redevelopment
    More about this property
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