Storefront Commercial
New
For Sale
Contact for pricing
617 N 10th Street, McAllen, TX 78501
A flexible interior can be arranged to suit a range of business operations.
Property Size1,000 SF
Price / SF$1.40
Days on Market2
Property Features for 617 N 10th Street
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Building Details
Year Built
2019
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:38PM
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 storefront property provides approximately 1,000 square feet of commercial space, with an adaptable layout for business operations. Built in 2019, it offers a dedicated setting that can be configured to suit the needs of an occupying business.
The property is at 617 N 10th Street, just off Hackberry, with access to surrounding areas.
The property is at 617 N 10th Street, just off Hackberry, with access to surrounding areas.
Key Highlights
- Approximately 1,000 square feet of commercial space
- Built in 2019
- Located on N 10th Street just off Hackberry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,273
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,460
$285.5K
Cap Rate 7%
$203,900
$203.9K
Cap Rate 9%
$158,589
$158.6K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$21.6K $21.60/SF
− Vacancy
−$1.2K −$1.21/SF
EGI
$20.4K $20.39/SF
− OpEx
−$6.1K −$6.12/SF
NOI
$14.3K $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%
$285,460
Cap Rate 7%
$203,900
Cap Rate 9%
$158,589
Alternative Uses
Best Use
Retail
$203.9K
$178.4K – $237.9K
NOI $14,273 @ 7.0% cap · market cap 1,019.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$271.5K
$237.6K – $316.8K
NOI $19,008 @ 7.0% cap · market cap 1,357.71%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,393
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
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- L A Import Inc — 616 S Main St, McAllen, TX 78501
- Anny’s Flower Shop & Gifts — 504 S 11th St, McAllen, TX 78501
- M&Es Flower Shop — 220 S Bicentennial Blvd B, McAllen, TX 78501
- La casa de las flores mcallen — 1721 Beaumont Ave, McAllen, TX 78501
- Red Rose - Flowers, Gifts, & More — 1B S Main St, McAllen, TX 78501
Frequently Asked Questions
What type of property is this?
Storefront property - A flexible interior can be arranged to suit a range of business operations.
Where is this storefront property located?
The property is located at 617 N 10th Street McAllen, TX.
What are key features of this property?
This property features: Approximately 1,000 square feet of commercial space; Built in 2019; Located on N 10th Street just off Hackberry
