Retail
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4815 N 10th Street Unit 200, McAllen, TX 78504
A McAllen commercial space positioned among established retailers and service providers along North 10th Street.
Property Size2,300 SF
Price / SF$1.50
Days on Market3
Property Features for 4815 N 10th Street Unit 200
General Information
Standard status
Active
Size
2,300 SF
Property subtype
Commercial
Additional Details
Corner Location
Yes
Building Details
Year Built
2013
Listing Agency:
Texus Realty
Listed By:
Israel Gutierrez · License #0558344
(512) 846-9332
Source:
Texusrealty
Added: Oct 30
Last Checked: Oct 30 at 1:50AM
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 Texus Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,300-square-foot retail space is located at 4815 N 10th Street, Unit 200, in McAllen. The building dates to 2013, and the property sits at North 10th Street and Wisteria Avenue.
The surrounding corridor includes established retailers and service providers. The space may accommodate a range of retail and service businesses, including boutique retail, a coffee shop, or professional offices.
The surrounding corridor includes established retailers and service providers. The space may accommodate a range of retail and service businesses, including boutique retail, a coffee shop, or professional offices.
Key Highlights
- 2,300‑square‑foot retail space
- Built in 2013
- At North 10th Street and Wisteria Avenue in McAllen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,829
Suggested Prices Based on Cap Rates
Cap Rate 5%
$656,580
$656.6K
Cap Rate 7%
$468,986
$469.0K
Cap Rate 9%
$364,767
$364.8K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$49.7K $21.60/SF
− Vacancy
−$2.8K −$1.21/SF
EGI
$46.9K $20.39/SF
− OpEx
−$14.1K −$6.12/SF
NOI
$32.8K $14.27/SF
Area
McAllen, TX
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$656,580
Cap Rate 7%
$468,986
Cap Rate 9%
$364,767
Alternative Uses
Best Use
Retail
$469.0K
$410.4K – $547.2K
NOI $32,829 @ 7.0% cap · market cap 951.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$624.5K
$546.5K – $728.6K
NOI $43,718 @ 7.0% cap · market cap 1,267.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,325
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - A McAllen commercial space positioned among established retailers and service providers along North 10th Street.
Where is this retail space located?
The property is located at 4815 N 10th Street Unit 200 McAllen, TX.
What are key features of this property?
This property features: 2,300‑square‑foot retail space; Built in 2013; At North 10th Street and Wisteria Avenue in McAllen
