Storefront with Commercial
New
For Sale
$305,000
712 N Bicentennial Boulevard, McAllen, TX 78504
A former bakery layout includes an office, kitchen equipment, and a walk-in freezer.
Property Size1,878 SF
Price / SF$162.41
Days on Market3
Property Features for 712 N Bicentennial Boulevard
General Information
Standard status
Active
Size
1,878 SF
Zoning
CO
Restaurant
Grease Trap
Yes
Equipment Included
Yes
Taxes and HOA fees
Annual Taxes
$7,000
Amenities
open space
office
kitchen area
walk-in freezer
oven
grease trap
Tile
true
1878
HidalgoCAD
See Remarks
Separate Water Meters
7000.092
6
0.1607
Paved
City Street,Highway
false
Building Details
Building Size
1,878 SF
Year Built
2004
Stories
1
Listing Agency:
(956) 539-7317
Listed By:
Javier Canales
Source:
Cncrealtyrgv
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 31 at 3:30AM
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 Javier Canales
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Investment Insights
Based on property information with market context.
This 1,878-square-foot storefront was previously operated as a bakery. The interior has open space, a separate office, and a kitchen area with an oven, walk-in freezer, and grease trap. Tile is listed as an interior feature, and the property was built in 2004. Zoning is CO.
Parking is available at both the front and rear of the property at 712 N Bicentennial Boulevard in McAllen. The existing configuration includes features for food preparation and storage alongside flexible interior space.
Parking is available at both the front and rear of the property at 712 N Bicentennial Boulevard in McAllen. The existing configuration includes features for food preparation and storage alongside flexible interior space.
Key Highlights
- 1,878‑square‑foot storefront
- Former bakery with an office and open interior area
- Kitchen includes an oven, walk‑in freezer, and grease trap
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,805
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,100
$536.1K
Cap Rate 7%
$382,929
$382.9K
Cap Rate 9%
$297,833
$297.8K
Market Conditions
NOI Build-Up for 1,878 SF
Gross rent
$40.6K $21.60/SF
− Vacancy
−$2.3K −$1.21/SF
EGI
$38.3K $20.39/SF
− OpEx
−$11.5K −$6.12/SF
NOI
$26.8K $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%
$536,100
Cap Rate 7%
$382,929
Cap Rate 9%
$297,833
Alternative Uses
Best Use
Specialty Retail
$410.3K
$359.0K – $478.7K
NOI $28,720 @ 7.0% cap · market cap 9.42%
Second Best
Retail
$382.9K
$335.1K – $446.8K
NOI $26,805 @ 7.0% cap · market cap 8.79%
Theoretical Best
Office A
$510.0K
$446.2K – $595.0K
NOI $35,697 @ 7.0% cap · market cap 11.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
2,324
Businesses Nearby
Well-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- M&Es Flower Shop — 220 S Bicentennial Blvd B, McAllen, TX 78501
- Bita's Flower Shop — 209 S 23rd St 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
- Mc Allen Perfusion Associates Inc — 5 S 11th St, McAllen, TX 78501
Frequently Asked Questions
What type of property is this?
Storefront property - A former bakery layout includes an office, kitchen equipment, and a walk-in freezer.
Where is this storefront property located?
The property is located at 712 N Bicentennial Boulevard McAllen, TX.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: 1,878‑square‑foot storefront; Former bakery with an office and open interior area; Kitchen includes an oven, walk‑in freezer, and grease trap
