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    517 Nolana Ave McAllen, TX 78504

    For Lease
    $2 SF/Yr

    Prime McAllen location, two suites available.

    Lot size:
    2,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional McAllen, Texas commercial property, located at 517 W Nolana Avenue #9, offers two executive office suites for lease within a single-tenant building. The property sits on a 6,090.124 square foot lot and boasts 15 total parking spaces, ensuring ample convenience for clients and employees. The building itself features a shared waiting area, conference room, kitchen, and bathrooms, providing a professional and collaborative environment. Suite 1 encompasses 165 square feet and is available for $550.00 per month, while Suite 2 offers 117.35 square feet at a monthly rate of $450.00. The property is zoned R and its APN is N280000000003700. This location in McAllen, Texas, 78504, benefits from its position in a high-traffic intersection, surrounded by numerous businesses, restaurants, retail establishments, and other shopping centers, providing excellent visibility and accessibility. Ideal for professionals and business owners seeking to establish or expand their operations in a thriving commercial area. This property presents a unique opportunity to secure a well-situated and functional office space in a dynamic and convenient location. The property type is classified as Land and Office.

    Property Features for 517 Nolana Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,750 SF

    Unit(s) available at that property

    Space
    9
    Size
    2,750 SF
    Rate per SF
    $2

    HighLights

    • Two executive office suites available for lease in a single‑tenant building in McAllen, TX.
    • 15 parking spaces on a 6,090 sq ft lot.
    • Suite 1: 165 sq ft, $550/month; Suite 2: 117.35 sq ft, $450/month.
    • Shared waiting area, conference room, kitchen, and bathrooms.
    • High‑traffic location in McAllen, TX (78504) with excellent visibility and accessibility near businesses and retail.
    • Zoned R; APN: N280000000003700; Property type: Land and Office.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    HKC Law Firm Law Firm Keith Livesay Law ... Attorney Healing Minds Counseling, ... Counselor

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2191414
    Latitude
    26.2380897

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    FAQs

    What type of property is this?
    Office Property / Space - Prime McAllen location, two suites available.
    Where is this office property / space located?
    The property is located at 517 Nolana Ave McAllen, TX.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: Two executive office suites available for lease in a single-tenant building in McAllen, TX.; 15 parking spaces on a 6,090 sq ft lot.; Suite 1: 165 sq ft, $550/month; Suite 2: 117.35 sq ft, $450/month.
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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
    517 Nolana Ave McAllen, TX 78504
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