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    1801 2Nd St McAllen, TX 78503

    For Lease
    $32 SF/Yr

    Executive Suites, McAllen, TX. Prime location, flexible space.

    Lot size:
    91,576 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    The Vantage Bank Building, located at 1801 S 2nd St, McAllen, TX 78503 (cross streets: 2nd St. & E. Ridge Ave), offers exceptional executive office space for lease. This six-story building, constructed in 1987, boasts a total of 91,576 square feet. Currently, there are 7,875 square feet of vacant space available, divisible into units ranging from a minimum of 856 square feet to a maximum contiguous space of 4,341 square feet. The building provides ample parking with a ratio of 3.5 spaces per 1,000 square feet. The property is ideally suited for businesses seeking flexible and modern office accommodations in a prime McAllen location. The building's multiple tenancy structure offers a diverse and vibrant work environment. This is a fantastic opportunity to secure high-quality office space in a well-established building with convenient access to major thoroughfares. The address is easily accessible and visible from major roadways. Interested parties are encouraged to inquire about available space and lease terms. The building offers a unique opportunity for businesses of various sizes to establish a presence in a thriving Texas market.

    Property Features for 1801 2Nd St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    91,576 SF
    Total Rate
    244202.67

    Building Details

    Year Built
    1987
    Stories
    6

    Unit(s) available at that property

    Space
    Suite 470
    Size
    2,678 SF
    Rate per SF
    $32
    Space
    Suite 460
    Size
    856 SF
    Rate per SF
    $32
    Space
    Suite 380
    Size
    1,634 SF
    Rate per SF
    $32
    Space
    Suite 330
    Size
    2,707 SF
    Rate per SF
    $32
    Space
    Suite 535
    Size
    1,049 SF
    Rate per SF
    $32

    HighLights

    • 91,576 SF building.
    • ±15,000 SF floor plates.
    • 3.5 parking spaces per 1,000 SF.
    • Excellent views.
    • Convenient expressway access (Interstate 2/Expressway 83).
    • Located at 2nd St. & E. Ridge Ave.
    Property Profile Location Intelligence

    Current Use by Public Records

    Yarto International Bank Schell Rick Attorney Law Office of Michael ... Attorney Anthony Ulloa - Mutual ... Insurance Agency Jose Avalos - Mutual ... Insurance Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2230068
    Latitude
    26.1852869

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    FAQs

    What type of property is this?
    Office Property / Space - Executive Suites, McAllen, TX. Prime location, flexible space.
    Where is this office property / space located?
    The property is located at 1801 2Nd St McAllen, TX.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: 91,576 SF building.; ±15,000 SF floor plates.; 3.5 parking spaces per 1,000 SF.
    Request Owner's contact information
    1801 2Nd St McAllen, TX 78503
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    McAllen, TX 78503
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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
    1801 2Nd St McAllen, TX 78503
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