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    2250 Nolana Ave McAllen, TX 78504

    For Lease
    Contact for pricing

    Former bank, high visibility, 8,949 SF

    Lot size:
    8,949 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 8,949-square-foot retail property presents a unique investment opportunity in the thriving McAllen, Texas market. Previously a bank branch, this single-tenant building offers immediate occupancy with its entirely vacant space. Situated on a 0.6-acre lot, the property boasts unparalleled visibility due to its prime location at the northeast corner of West Nolana Avenue and North 23rd Street, a highly trafficked intersection controlled by a traffic signal. The building's former use as a bank suggests a robust structure, well-suited for a variety of retail uses. Its substantial size provides ample space for a large-scale retailer or the potential for subdivision into smaller units. The property's location within Hidalgo County, specifically in McAllen, TX, 78504, places it within a dynamic commercial corridor, benefiting from high consumer traffic and strong economic activity. The address is 2250 W Nolana Ave. This is an exceptional opportunity to acquire a well-positioned retail space in a rapidly growing Texas city. The property's size and location make it ideal for a variety of retail businesses seeking high visibility and accessibility. The vacant status allows for immediate customization and occupancy, minimizing downtime and maximizing return on investment.

    Property Features for 2250 Nolana Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,949 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    8,949 SF

    HighLights

    • 8,949 square feet of space
    • 0.60‑acre lot
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    BBVA Bank Bank

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2389227
    Latitude
    26.2410671

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    FAQs

    What type of property is this?
    Retail property - Former bank, high visibility, 8,949 SF
    Where is this retail property located?
    The property is located at 2250 Nolana Ave McAllen, TX.
    What are key features of this property?
    This property features: 8,949 square feet of space; 0.60-acre lot;
    Request Owner's contact information
    2250 Nolana Ave McAllen, TX 78504
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    McAllen, TX 78504
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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
    2250 Nolana Ave McAllen, TX 78504
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