Professional Office
New
For Sale
Contact for pricing
824 E Hackberry Avenue Unit 150, McAllen, TX 78501
The suite offers an open work area, kitchenette, and two restrooms for a professional office operation.
Property Size1,300 SF
Price / SF$1.57
Days on Market1
Property Features for 824 E Hackberry Avenue Unit 150
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Property Use
Office
Building Details
Year Built
2010
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 1:44AM
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 1,300-square-foot office suite in McAllen Business Center was built in 2010. Its layout includes one open office area, a kitchenette, and two restrooms. The suite does not have an overhead door.
The property is on East Hackberry Avenue between Jackson Road and McColl Road, with access to city streets and Expressway 83.
The property is on East Hackberry Avenue between Jackson Road and McColl Road, with access to city streets and Expressway 83.
Key Highlights
- 1,300‑square‑foot office suite
- Open office area with kitchenette and two restrooms
- Built in 2010
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,404
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,080
$348.1K
Cap Rate 7%
$248,629
$248.6K
Cap Rate 9%
$193,378
$193.4K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$27.3K $21.00/SF
− Vacancy
−$4.1K −$3.15/SF
EGI
$23.2K $17.85/SF
− OpEx
−$5.8K −$4.46/SF
NOI
$17.4K $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%
$348,080
Cap Rate 7%
$248,629
Cap Rate 9%
$193,378
Alternative Uses
Best Use
Office B
$248.6K
$217.6K – $290.1K
NOI $17,404 @ 7.0% cap · market cap 852.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$353.0K
$308.9K – $411.8K
NOI $24,710 @ 7.0% cap · market cap 1,210.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,138
Businesses Nearby
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The suite offers an open work area, kitchenette, and two restrooms for a professional office operation.
Where is this office unit located?
The property is located at 824 E Hackberry Avenue Unit 150 McAllen, TX.
What are key features of this property?
This property features: 1,300‑square‑foot office suite; Open office area with kitchenette and two restrooms; Built in 2010
