Medical Office with Indoor
New
For Sale
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5331 Mccoll Road, Edinburg, TX 78539
A central reception area connects 17 exam and office rooms, with a separate pool area equipped with a bathroom and shower.
Property Size8,760 SF
Price / SF$0.91
Days on Market2
Property Features for 5331 Mccoll Road
General Information
Standard status
Active
Size
8,760 SF
Property subtype
Commercial
Additional Details
Property Use
Medical Office
Amenities
indoor pool area
Building Details
Year Built
1997
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 4:10PM
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.
The medical office provides 8,760 square feet with 17 exam and office rooms, four bathrooms, two main rooms and a centrally placed reception area. An indoor pool area includes its own bathroom and shower. Built in 1997, the property is configured for medical office use.
At 5331 McColl Road in Edinburg, the property is located at McColl and Dove in a medical plaza next to Doctors Hospital at Renaissance and Driscoll Children’s Hospital. The surrounding context includes established medical offices and hospital services.
At 5331 McColl Road in Edinburg, the property is located at McColl and Dove in a medical plaza next to Doctors Hospital at Renaissance and Driscoll Children’s Hospital. The surrounding context includes established medical offices and hospital services.
Key Highlights
- 8,760 square feet of medical office space
- 17 exam and office rooms, four bathrooms and two main rooms
- Indoor pool area with a dedicated bathroom and shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,691
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,213,820
$2.2M
Cap Rate 7%
$1,581,300
$1.6M
Cap Rate 9%
$1,229,900
$1.2M
Market Conditions
NOI Build-Up for 8,760 SF
Gross rent
$205.0K $23.40/SF
− Vacancy
−$20.5K −$2.34/SF
EGI
$184.5K $21.06/SF
− OpEx
−$73.8K −$8.42/SF
NOI
$110.7K $12.64/SF
Area
Edinburg, TX
Vacancy
10.00%
Lease Rate
$23.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,213,820
Cap Rate 7%
$1,581,300
Cap Rate 9%
$1,229,900
Alternative Uses
Best Use
Office B
$1.79M
$1.57M – $2.09M
NOI $125,434 @ 7.0% cap · market cap 1,571.85%
Second Best
Healthcare Medical
$1.58M
$1.38M – $1.84M
NOI $110,691 @ 7.0% cap · market cap 1,387.11%
Theoretical Best
Office A
$2.27M
$1.99M – $2.65M
NOI $159,110 @ 7.0% cap · market cap 1,993.86%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,542
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 78539, TX
37,686
Population
15,759
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
84%
High-School Grad
12.2 sq mi
ZIP Area
3,089
Density / Sq Mi
$64,864
Median Household Income
$38,413
Median Earnings
$1,034
Median Rent
$198,300
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Medical Office Space - A central reception area connects 17 exam and office rooms, with a separate pool area equipped with a bathroom and shower.
Where is this medical office space located?
The property is located at 5331 Mccoll Road Edinburg, TX.
What are key features of this property?
This property features: 8,760 square feet of medical office space; 17 exam and office rooms, four bathrooms and two main rooms; Indoor pool area with a dedicated bathroom and shower
