4620 N Ware Road McAllen, TX 78504

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:
Jun 30, 2026
Days on Market:
14
Last Refresh:
Jul 13 at 11:06 am

Property Features for 4620 N Ware Road

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
C3L
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

Listing agent Deborah Agyekum-Bimpong

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

Listing date Jun 30, 2026

MLS# 508461

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.

Key Highlights

  • Commercial property with a 4‑plex, all units currently rented
  • Two spacious lots rented to mobile homeowners
  • Two homes on Ware Road with convenient access through Buddy Owens

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 Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Building Supply Law Firm Auto Parts Store Restaurant Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom Parking Lot & Garage Storage Facility Furniture & Home Goods

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

FAQs

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: Commercial property with a 4‑plex, all units currently rented; Two spacious lots rented to mobile homeowners; Two homes on Ware Road with convenient access through Buddy Owens
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message