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    813 Ware Rd McAllen, TX 78501

    Sponsored
    For Sale
    $350,000

    Profitable Two-Unit Office Building in McAllen, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a two-unit office building situated on a sizable 8,668 square foot lot in McAllen, Texas. Constructed in 2000, the property is ideally located at 813 N Ware Road, 78501, within Hidalgo County. The asking price is $350,000. Currently, both units are leased, generating immediate income for the new owner. This makes it an attractive proposition for investors seeking a stable, cash-flowing asset in a thriving Texas market. The property's classification includes both commercial and executive office space, catering to a diverse range of potential tenants. The substantial lot size offers potential for future expansion or development, adding further value to this already promising investment. The property's prime location in McAllen ensures high visibility and accessibility, contributing to its strong rental potential. This turnkey operation requires minimal effort to maintain its current income stream, making it an ideal choice for both seasoned and novice investors. Serious inquiries are encouraged to explore this lucrative opportunity further. Detailed financial information and lease agreements are available upon request. Don't miss out on this chance to acquire a profitable commercial property in a dynamic Texas market.

    Property Features for 813 Ware Rd

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    2000
    Property Profile Location Intelligence

    Current Use by Public Records

    Chance Fitness Nutritionist World Famous La ... Tattoo Shop Fuera Investment Group ... Home Help Service Agency World Famous La ... Tattoo Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2608813
    Latitude
    26.2154394

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    FAQs

    What type of property is this?
    Office Property / Space - Profitable Two-Unit Office Building in McAllen, TX
    Where is this office property / space located?
    The property is located at 813 Ware Rd McAllen, TX.
    What is the asking price?
    The asking price for this property is $350,000.
    Request Owner's contact information
    813 Ware Rd McAllen, TX 78501
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    McAllen, TX 78501
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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
    813 Ware Rd McAllen, TX 78501
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