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    4100 23Rd St McAllen, TX 78504

    For Lease
    $15 SF/Yr ($16,499 /Mo)

    12,692 SF Office, Ample Parking

    Lot size:
    12,692 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 12,692-square-foot executive office building, located at 4100 N 23rd Street in McAllen, Texas, presents a unique investment opportunity. Situated on a 1.249-acre lot, the property boasts a single-tenant occupancy and offers significant potential for various commercial uses. Originally constructed in 1980, the building has undergone recent renovations, including a complete roof replacement and the installation of seven new air conditioning units (out of twelve total). While some minor repairs are pending, the property is largely updated and ready for immediate occupancy. The building features 82 total parking spaces, including 17 covered spaces, with additional paved parking potential in the grassy rear area. The property's previous use as a CPA firm highlights its suitability for professional office space, but its adaptability extends to call centers, medical offices, financial institutions, and other similar businesses. The property's APN is !600001001000600. This is a prime opportunity to acquire a well-maintained, versatile commercial property in a thriving Texas market. The property is zoned for commercial use.

    Property Features for 4100 23Rd St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,692 SF
    Total Rate
    16499.6

    Building Details

    Year Built
    1980

    Unit(s) available at that property

    Space
    Size
    12,692 SF
    Rate per SF
    $15

    HighLights

    • 12,692 SF executive office building on a 1.249‑acre lot in McAllen, TX.
    • Single‑tenant occupancy with potential for various commercial uses.
    • Recently renovated with a new roof and seven new AC units; minor repairs pending.
    • 82 parking spaces (17 covered), plus additional paved parking potential.
    • Suitable for professional offices, call centers, medical offices, or financial institutions.
    • APN: !600001001000600; Commercially zoned.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rance G Sweeten ... Unemployment Office Carr, Riggs & Ingram ... Accountant Carr, Riggs & Ingram Accounting Firm Segovia David Accountant Georgia Lodia PC Accountant

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2386733
    Latitude
    26.2424684

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    FAQs

    What type of property is this?
    Office Property / Space - 12,692 SF Office, Ample Parking
    Where is this office property / space located?
    The property is located at 4100 23Rd St McAllen, TX.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 12,692 SF executive office building on a 1.249-acre lot in McAllen, TX.; Single-tenant occupancy with potential for various commercial uses.; Recently renovated with a new roof and seven new AC units; minor repairs pending.
    Request Owner's contact information
    4100 23Rd St 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
    4100 23Rd St McAllen, TX 78504
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