Remodeled Corner Office
733 N Ware Road McAllen, TX 78501
733 N Ware Road, McAllen, TX, 78501
$650,000
For Sale
$650,000
Fully remodeled corner commercial unit with reception, 12 private offices, conference room, kitchen area, and two bathrooms.
Property Size3,000 SF
Price / SF$216.67
Days on Market83
Property Features for 733 N Ware Road
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1998
Listing agency
Pinnacle Realty Advisors
(956) 429-9458
Listed by
Herlinda (Linda) De la Garza
(956) 429-9458
Source
Xome
Added: Apr 30 Updated: Jul 21 at 4:08AM Checked: Jul 21 at 4:08AM
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 Pinnacle Realty Advisors
Investment Insights
Based on property information with market context.
This fully remodeled corner commercial unit is designed for day-to-day professional use, with a functional interior layout that includes a welcoming reception area, 12 private offices, a spacious meeting or conference room, a kitchen/break area, and two bathrooms. The suite also features two main entrances, supporting convenient client and staff access and a workable internal flow.
The property is positioned along a high-visibility commercial corridor with easy access to major roads. It is located near Expressway 83 and in the McAllen Convention Center area, placing it within a broader commercial setting with surrounding retail and dining options.
With its combination of a reception-first entry, multiple private offices, and dedicated meeting space, the unit is well suited for a range of office and medical-professional operations seeking a modern, move-in-ready configuration.
The property is positioned along a high-visibility commercial corridor with easy access to major roads. It is located near Expressway 83 and in the McAllen Convention Center area, placing it within a broader commercial setting with surrounding retail and dining options.
With its combination of a reception-first entry, multiple private offices, and dedicated meeting space, the unit is well suited for a range of office and medical-professional operations seeking a modern, move-in-ready configuration.
Key Highlights
- Fully remodeled corner commercial unit with welcoming reception, 12 private offices, meeting/conference room, kitchen/break area, and 2 bathrooms
- Two main entrances for convenient access and flow for clients and staff
- Central air and electric cooling; interior includes guest facilities listed as 3
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.0k | $21.00 |
| − Vacancy | −$9.5k | −$3.15 |
| EGI | $53.6k | $17.85 |
| − OpEx | −$13.4k | −$4.46 |
| NOI | $40.2k | $13.39 |
3,000 SF · lease $21.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$573.8K
$502.0K – $669.4K
NOI $40,163 @ 7.0% cap · market cap 6.18%
Second Best
Healthcare Medical
$555.4K
$486.0K – $648.0K
NOI $38,880 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$814.6K
$712.8K – $950.4K
NOI $57,024 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Unitech Engineering
Engineer
Backroom Salon
Hair Salon
Texas Spirit Insurance
Insurance Agency
Ace Builders
Construction Company
Kimball Hill Homes
Construction Company
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Fully remodeled corner commercial unit with reception, 12 private offices, conference room, kitchen area, and two bathrooms.
Where is this office units located?
The property is located at 733 N Ware Road McAllen, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Fully remodeled corner commercial unit with welcoming reception, 12 private offices, meeting/conference room, kitchen/break area, and 2 bathrooms; Two main entrances for convenient access and flow for clients and staff; Central air and electric cooling; interior includes guest facilities listed as 3
