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    601 Nolana Ave McAllen, TX 78501

    Sponsored
    For Lease
    $24 SF/Yr

    Prime McAllen location, build-to-suit opportunity.

    Lot size:
    7,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,589.89 square foot commercial property, located at 601 E Nolana Avenue in McAllen, Texas (zip code 78501), presents a unique build-to-suit opportunity. Designated as a single-tenant property, this land parcel offers significant potential for development. The site boasts excellent visibility along N. McColl Road, providing high exposure for any new construction. The 0.17-acre lot is partially fenced and situated conveniently near an existing strip center, east of suite D. Plans allow for the construction of a 7,500 square foot building. Ample parking is available, with a total of 100 spaces provided. The property is classified as Land, Office, and Retail, and is suitable for executive office use. The APN is N290000000000300. The asking price is $25 per square foot per year, with lease terms negotiable based on the tenant's requirements. This prime McAllen location offers a compelling investment opportunity for businesses seeking a high-visibility presence in a thriving market.

    Property Features for 601 Nolana Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,500 SF

    Unit(s) available at that property

    Space
    Size
    7,500 SF
    Rate per SF
    $24

    HighLights

    • 7,589.89 SF build‑to‑suit opportunity in McAllen, TX (78501).
    • 0.17‑acre lot with excellent visibility on N. McColl Road.
    • Partially fenced, near a strip center, with ample parking (100 spaces).
    • Plans allow for a 7,500 SF building; suitable for executive office, retail, or other uses.
    • Asking price: $25/SF/year, lease terms negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    El Pollo Loco Caterer Vindor Falls Event ... Event Venue UMOS Administrative Headquarters Corporate Office Head Start Church KYOCERA DOCUMENT SOLUTIONS ... Commercial Printer

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2322355
    Latitude
    26.2188442

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    FAQs

    What type of property is this?
    Retail property - Prime McAllen location, build-to-suit opportunity.
    Where is this retail property located?
    The property is located at 601 Nolana Ave McAllen, TX.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 7,589.89 SF build-to-suit opportunity in McAllen, TX (78501).; 0.17-acre lot with excellent visibility on N. McColl Road.; Partially fenced, near a strip center, with ample parking (100 spaces).
    Request Owner's contact information
    601 Nolana Ave McAllen, TX 78501
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    McAllen, TX 78501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    601 Nolana Ave McAllen, TX 78501
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