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    1401 Ridge Rd McAllen, TX 78503

    For Lease
    $10 SF/Yr

    2400 sq ft Medical Office, 3-day access

    Lot size:
    2,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2,400 square foot medical office space in McAllen, Texas, is ideally situated at 1401 E Ridge Rd, 78503, within Hidalgo County. Currently available for lease, this multi-tenant property offers a flexible arrangement, providing access three days a week. The space is perfect for a variety of medical practices seeking a collaborative environment. While the current configuration is shared, the landlord is willing to accommodate the needs of a tenant requiring a dedicated office space. This presents a unique opportunity for a medical professional or group seeking a cost-effective and adaptable workspace. The property is classified as an office building with a medical office subtype. The building's location in McAllen offers convenient access to major transportation routes and a thriving medical community. Interested parties are encouraged to inquire for further details and to discuss potential lease terms. This is a prime opportunity to establish or expand a medical practice in a desirable location. The available space is 2,400 square feet.

    Property Features for 1401 Ridge Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,400 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,400 SF
    Rate per SF
    $10
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Functional Pain Center Pain Control Clinic Guadalupe J. Cavazos ... Podiatrist Gulf Prosthetics & Orthotics Orthotics & Prosthetics Service Anaiah Builders Contractor ASP Cares Pharmacy

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.207839467426
    Latitude
    26.184134906597

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    FAQs

    What type of property is this?
    Medical office - 2400 sq ft Medical Office, 3-day access
    Where is this medical office located?
    The property is located at 1401 Ridge Rd McAllen, TX.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    Request Owner's contact information
    1401 Ridge Rd 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

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    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
    1401 Ridge Rd McAllen, TX 78503
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