Free-Standing Office
For Sale
$650,000
900 E Redbud Avenue B, McAllen, TX 78504
Free-standing office building in a business park with reception, kitchen, restrooms, and multiple private and open areas.
Property Size4,000 SF
Price / SF$162.50
Days on Market101
Property Features for 900 E Redbud Avenue B
General Information
Standard status
Active
Size
4,000 SF
Amenities
reception area
kitchen
male/female restrooms
laundry room
3 private rooms
2 large open areas
Building Details
Year Built
2002
Listing Agency:
RE/MAX Platinum
Listed By:
Deborah Tippit
(956) 533-8743
Source:
Aregtx
Added: Jul 21
Changed: Oct 25
Last Checked: Oct 7 at 1:13PM
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 RE/MAX Platinum
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This free-standing office building is located in a professional business park and includes approximately 4,000 SF of office space. The interior features a reception area, kitchen, male/female restrooms, a laundry room, three private rooms, and two large open areas.
The property is described as being conveniently located just off McColl Avenue, near DHR.
The layout supports a mix of private offices and larger work areas, with common amenities including restrooms and a kitchen.
The property is described as being conveniently located just off McColl Avenue, near DHR.
The layout supports a mix of private offices and larger work areas, with common amenities including restrooms and a kitchen.
Key Highlights
- Free‑standing office building in a professional business park built in 2002
- Approximately 4,000 SF of office space
- Reception area plus kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,550
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,071,000
$1.1M
Cap Rate 7%
$765,000
$765.0K
Cap Rate 9%
$595,000
$595.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$84.0K $21.00/SF
− Vacancy
−$12.6K −$3.15/SF
EGI
$71.4K $17.85/SF
− OpEx
−$17.9K −$4.46/SF
NOI
$53.6K $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%
$1,071,000
Cap Rate 7%
$765,000
Cap Rate 9%
$595,000
Alternative Uses
Best Use
Office B
$765.0K
$669.4K – $892.5K
NOI $53,550 @ 7.0% cap · market cap 8.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$950.4K – $1.27M
NOI $76,032 @ 7.0% cap · market cap 11.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,069
Businesses Nearby
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Free-standing office building in a business park with reception, kitchen, restrooms, and multiple private and open areas.
Where is this office building located?
The property is located at 900 E Redbud Avenue B 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: Free‑standing office building in a professional business park built in 2002; Approximately 4,000 SF of office space; Reception area plus kitchen
