Free-Standing Office
900 E Redbud Avenue B McAllen, TX 78504
New
900 E Redbud Avenue B, McAllen, TX, 78504
$650,000
For Sale
$650,000
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 Market3
Property Features for 900 E Redbud Avenue B
General Information
- Standard status
- Active
- Size
- 4,000 SF
Building Details
- Year Built
- 2002
Listing agency
RE/MAX Platinum
(956) 668-8555
Listed by
Deborah Tippit
Source
Aregtx
Added: Jul 21 Updated: Jul 22 at 3:12PM Checked: Jul 22 at 3:12PM
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
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
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 | $84.0k | $21.00 |
| − Vacancy | −$12.6k | −$3.15 |
| EGI | $71.4k | $17.85 |
| − OpEx | −$17.9k | −$4.46 |
| NOI | $53.6k | $13.39 |
4,000 SF · lease $21.00/SF/yr · vacancy 15.00% · expense 25.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Beautiful Birth Maternity ...
Medical Clinic
Dr Rios Women's ...
Medical Clinic
900 Apartments
Apartment Building
Sweet & Tasty Bakery
Bakery
Independent Choices
Medical Clinic
Similar For Sale Nearby
FAQs
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
