3701 N Mccoll Road McAllen, TX 78501
Centrally located McAllen property with warehouse and office space.
Property Features for 3701 N Mccoll Road
General Information
- Standard status
- Active
- Size
- 24,993 SF
- Property subtype
- Industrial, Retail
Building Details
- Year Built
- 1995
Listing office Star Properties Real Estate (956) 664-2121
Listing date Nov 20, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Substantial warehouse space totaling 21,892 sq ft across two buildings.
- Prime central location in McAllen, south of Nolana and McColl.
- Includes office space in both buildings (2,495 sq ft and 596 sq ft).
Local Financial Insights For Warehouse
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 | $224.9k | $9.00 |
| − Vacancy | −$8.1k | −$0.32 |
| EGI | $216.8k | $8.68 |
| − OpEx | −$32.5k | −$1.30 |
| NOI | $184.3k | $7.37 |
Alternative Uses
Property Analytics
Current Use by Public Records
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