Showroom
New
For Sale
Contact for pricing
602 N Mccoll Road, McAllen, TX 78501
Office and display areas support service businesses that need both functions in one location.
Property Size2,070 SF
Price / SF$1.75
Days on Market3
Property Features for 602 N Mccoll Road
General Information
Standard status
Active
Size
2,070 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Year Built
1992
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Oct 31
Changed: Nov 1
Last Checked: Nov 1 at 1:40AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,070 SF showroom suite includes space for office and display functions. The property was built in 1992 and is located at 602 N McColl Road in McAllen, Texas.
The site offers access to Interstate 2 and I-69. One suite is available for service businesses seeking a combined office and showroom setting.
The site offers access to Interstate 2 and I-69. One suite is available for service businesses seeking a combined office and showroom setting.
Key Highlights
- 2,070 SF available in one suite
- Office and showroom functions in the same space
- Access to Interstate 2 and I‑69
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,546
Suggested Prices Based on Cap Rates
Cap Rate 5%
$590,920
$590.9K
Cap Rate 7%
$422,086
$422.1K
Cap Rate 9%
$328,289
$328.3K
Market Conditions
NOI Build-Up for 2,070 SF
Gross rent
$44.7K $21.60/SF
− Vacancy
−$2.5K −$1.21/SF
EGI
$42.2K $20.39/SF
− OpEx
−$12.7K −$6.12/SF
NOI
$29.5K $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%
$590,920
Cap Rate 7%
$422,086
Cap Rate 9%
$328,289
Alternative Uses
Best Use
Retail
$422.1K
$369.3K – $492.4K
NOI $29,546 @ 7.0% cap · market cap 815.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$562.1K
$491.8K – $655.8K
NOI $39,347 @ 7.0% cap · market cap 1,086.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,040
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Retail in South region
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- INTERNATIONAL COMPANY OF MARBLE — 1209 E Jasmine Ave, McAllen, TX 78501
- Daltile, Marazzi Sales Service Center — 1201 N Jackson Rd Ste 100, McAllen, TX 78501
- Emser Tile — 1201 N Jackson Rd #400, McAllen, TX 78501
Frequently Asked Questions
What type of property is this?
Showroom - Office and display areas support service businesses that need both functions in one location.
Where is this showroom located?
The property is located at 602 N Mccoll Road McAllen, TX.
What are key features of this property?
This property features: 2,070 SF available in one suite; Office and showroom functions in the same space; Access to Interstate 2 and I‑69
