General Commercial Office
903 W Dallas Ave McAllen, TX 78501
For Sale
Contact for pricing
Office building in a C-3 general commercial zone with an existing 1,849 SF structure and additional 128 SF.
Property Size1,849 SF
Price / SF$216.33
Days on Market80
Property Features for 903 W Dallas Ave
General Information
- Standard status
- Active
- Size
- 1,849 SF
- Property subtype
- OFFICE
Listing Agency:
SVN | Hanna Solutions CRE
(956) 821-8001
Listed By:
Mark Hanna
(956) 821-8001
Source:
Moodyscre
Added: May 5
Changed: Jul 23
Last Checked: Jul 23 at 12:27AM
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 SVN | Hanna Solutions CRE
Investment Insights
Based on property information with market context.
This for-sale office property includes an existing 1,849 SF building plus an additional 128 SF structure. The property is positioned to support adaptive reuse or redevelopment, with current improvements in place for a range of professional office configurations.
The site sits just off 10th Street on a premier retail and business corridor. It is surrounded by established commercial and residential uses and is described as a central McAllen location with strong accessibility.
Zoned General Commercial (C-3), the property can be considered for office uses such as law offices, CPA or financial services, and other professional service firms, subject to applicable regulations.
The site sits just off 10th Street on a premier retail and business corridor. It is surrounded by established commercial and residential uses and is described as a central McAllen location with strong accessibility.
Zoned General Commercial (C-3), the property can be considered for office uses such as law offices, CPA or financial services, and other professional service firms, subject to applicable regulations.
Key Highlights
- C‑3 general commercial zoning—suited for law offices, CPA/financial services, and other professional service firms
- Central McAllen lot just off 10th Street on a premier retail & business corridor
- 13,891 SF lot (0.32 acres) with an existing 1,849 SF building plus an additional 128 SF structure
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 | $38.8k | $21.00 |
| − Vacancy | −$5.8k | −$3.15 |
| EGI | $33.0k | $17.85 |
| − OpEx | −$8.3k | −$4.46 |
| NOI | $24.8k | $13.39 |
1,849 SF · lease $21.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$353.6K
$309.4K – $412.6K
NOI $24,753 @ 7.0% cap · market cap 6.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$502.1K
$439.3K – $585.8K
NOI $35,146 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Creative Dental Lab
Dental Office
FAQs
What type of property is this?
Office building - Office building in a C-3 general commercial zone with an existing 1,849 SF structure and additional 128 SF.
Where is this office building located?
The property is located at 903 W Dallas Ave McAllen, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: C‑3 general commercial zoning—suited for law offices, CPA/financial services, and other professional service firms; Central McAllen lot just off 10th Street on a premier retail & business corridor; 13,891 SF lot (0.32 acres) with an existing 1,849 SF building plus an additional 128 SF structure
