Office
New
For Sale
Contact for pricing
5401 N 10th Street Unit 124, McAllen, TX 78504
The office is positioned beside State Farm in McAllen.
Property Size504 SF
Price / SF$1.71
Days on Market2
Property Features for 5401 N 10th Street Unit 124
General Information
Standard status
Active
Size
504 SF
Property subtype
Commercial
Additional Details
Property Use
Office
Building Details
Year Built
1984
Listing Agency:
Texus Realty
Listed By:
Israel Gutierrez · License #0558344
(512) 846-9332
Source:
Texusrealty
Added: Nov 1
Last Checked: Nov 1 at 3:36PM
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
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 office unit is at 5401 N 10th Street, Unit 124, in McAllen. The building was constructed in 1984, and State Farm is next door.
Key Highlights
- Office unit at 5401 N 10th Street, Unit 124, McAllen
- State Farm is next door
- Building constructed in 1984
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,747
Suggested Prices Based on Cap Rates
Cap Rate 5%
$134,940
$134.9K
Cap Rate 7%
$96,386
$96.4K
Cap Rate 9%
$74,967
$75.0K
Market Conditions
NOI Build-Up for 504 SF
Gross rent
$10.6K $21.00/SF
− Vacancy
−$1.6K −$3.15/SF
EGI
$9.0K $17.85/SF
− OpEx
−$2.2K −$4.46/SF
NOI
$6.7K $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%
$134,940
Cap Rate 7%
$96,386
Cap Rate 9%
$74,967
Alternative Uses
Best Use
Office B
$96.4K
$84.3K – $112.5K
NOI $6,747 @ 7.0% cap · market cap 784.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$136.9K
$119.8K – $159.7K
NOI $9,580 @ 7.0% cap · market cap 1,113.95%
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
1,033
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The office is positioned beside State Farm in McAllen.
Where is this office unit located?
The property is located at 5401 N 10th Street Unit 124 McAllen, TX.
What are key features of this property?
This property features: Office unit at 5401 N 10th Street, Unit 124, McAllen; State Farm is next door; Building constructed in 1984
