Office Unit with
New
For Sale
Contact for pricing
504 Pecan Boulevard Unit 130, McAllen, TX 78501
A recently refreshed workspace includes private offices, an open work area, and a break room.
Property Size900 SF
Price / SF$1.33
Days on Market2
Property Features for 504 Pecan Boulevard Unit 130
General Information
Standard status
Active
Size
900 SF
Property subtype
Commercial
Additional Details
Condition
Newly Renovated
Property Use
Office
Building Details
Year Built
2009
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:52PM
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
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Investment Insights
Based on property information with market context.
This 900-square-foot office unit, built in 2009, has a lobby, front office, private office, open work area, break room, bathroom, and closet space. Recent updates are also noted.
The property is at 504 Pecan Boulevard, Unit 130, between 10th Street and Colonel Rowe Boulevard. Restaurants, retail centers, and major roads are nearby.
The property is at 504 Pecan Boulevard, Unit 130, between 10th Street and Colonel Rowe Boulevard. Restaurants, retail centers, and major roads are nearby.
Key Highlights
- 900‑square‑foot office unit with lobby, front office, private office, and open work area
- Break room, bathroom, and closet space
- Recently updated; built in 2009
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,049
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,980
$241.0K
Cap Rate 7%
$172,129
$172.1K
Cap Rate 9%
$133,878
$133.9K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$18.9K $21.00/SF
− Vacancy
−$2.8K −$3.15/SF
EGI
$16.1K $17.85/SF
− OpEx
−$4.0K −$4.46/SF
NOI
$12.0K $13.39/SF
Area
McAllen, TX
Vacancy
15.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,980
Cap Rate 7%
$172,129
Cap Rate 9%
$133,878
Alternative Uses
Best Use
Office B
$172.1K
$150.6K – $200.8K
NOI $12,049 @ 7.0% cap · market cap 1,004.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$244.4K
$213.8K – $285.1K
NOI $17,107 @ 7.0% cap · market cap 1,425.58%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,420
Businesses Nearby
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Business Placement
Demographics for 78501, TX
60,817
Population
24,807
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
77%
High-School Grad
15.5 sq mi
ZIP Area
3,924
Density / Sq Mi
$49,451
Median Household Income
$29,092
Median Earnings
$943
Median Rent
$149,000
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A recently refreshed workspace includes private offices, an open work area, and a break room.
Where is this office unit located?
The property is located at 504 Pecan Boulevard Unit 130 McAllen, TX.
What are key features of this property?
This property features: 900‑square‑foot office unit with lobby, front office, private office, and open work area; Break room, bathroom, and closet space; Recently updated; built in 2009
