Medical Office Suite with Private
New
For Sale
Contact for pricing
5018 N 10th Street, McAllen, TX 78504
Five enclosed offices and an open work area offer a flexible setup for medical and professional operations.
Property Size11,586 SF
Price / SF$0.29
Days on Market2
Property Features for 5018 N 10th Street
General Information
Standard status
Active
Size
11,586 SF
Property subtype
Commercial
Additional Details
Property Use
Office
Building Details
Year Built
1990
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 2:57PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 11,586-square-foot medical office suite is located within a medical plaza in McAllen. The layout includes five private offices, an open area, a kitchen, and one restroom. The building dates to 1990, and the space can accommodate medical, professional, or general office use.
The property is at 5018 N 10th Street and includes on-site parking.
The property is at 5018 N 10th Street and includes on-site parking.
Key Highlights
- 11,586‑square‑foot suite in a medical plaza
- Five private offices, an open area, a kitchen, and a restroom
- Medical, professional, or general office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$150,155
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,003,100
$3.0M
Cap Rate 7%
$2,145,071
$2.1M
Cap Rate 9%
$1,668,389
$1.7M
Market Conditions
NOI Build-Up for 11,586 SF
Gross rent
$278.1K $24.00/SF
− Vacancy
−$27.8K −$2.40/SF
EGI
$250.3K $21.60/SF
− OpEx
−$100.1K −$8.64/SF
NOI
$150.2K $12.96/SF
Area
McAllen, TX
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,003,100
Cap Rate 7%
$2,145,071
Cap Rate 9%
$1,668,389
Alternative Uses
Best Use
Office B
$2.22M
$1.94M – $2.59M
NOI $155,108 @ 7.0% cap · market cap 4,620.43%
Second Best
Healthcare Medical
$2.15M
$1.88M – $2.50M
NOI $150,155 @ 7.0% cap · market cap 4,472.89%
Theoretical Best
Office A
$3.15M
$2.75M – $3.67M
NOI $220,227 @ 7.0% cap · market cap 6,560.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,029
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Peacock Jennifer DVM — 6001 N 10th St, McAllen, TX 78504
- North 10th Street Animal Hospital — 6001 N 10th St, McAllen, TX 78504
Frequently Asked Questions
What type of property is this?
Medical Office Space - Five enclosed offices and an open work area offer a flexible setup for medical and professional operations.
Where is this medical office space located?
The property is located at 5018 N 10th Street McAllen, TX.
What are key features of this property?
This property features: 11,586‑square‑foot suite in a medical plaza; Five private offices, an open area, a kitchen, and a restroom; Medical, professional, or general office use
