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    1400 Nolana Ave McAllen, TX 78501

    For Sale
    $13,100,000

    10-Acre Warehouse, Office Space, Texas

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 10.02-acre property in McAllen, Texas, presents a unique investment opportunity. Located at 1400 E Nolana Avenue, 78501, this expansive facility boasts a blend of high-quality office and industrial space, ideal for a variety of businesses. Constructed in 2003, the building features a first-class tilt-wall design, known for its durability and energy efficiency. Approximately half of the building is finished as Class A office space, providing a professional and modern environment for administrative functions. The remaining half is designed as efficient production space, catering to manufacturing, warehousing, or distribution needs. The property's functionality is further enhanced by four dock-high loading doors and four at-grade overhead doors, ensuring seamless loading and unloading operations. This prime location in Hidalgo County offers excellent access to major transportation routes, making it an attractive option for companies requiring efficient logistics. The asking price for this substantial property is $13,100,000. This represents a significant opportunity to acquire a well-maintained, versatile commercial property in a thriving Texas market. The property's size and features make it suitable for a wide range of commercial uses, offering considerable potential for growth and return on investment.

    Property Features for 1400 Nolana Ave

    General Information

    Property type
    Distribution properties
    Lot Size
    436,471 SF

    Building Details

    Year Built
    2003

    HighLights

    • $13,100,000 asking price.
    • 10.02‑acre land parcel in McAllen, Texas.
    • 2003‑built building with office and industrial space.
    • Features four dock‑high loading doors and four at‑grade overhead doors.
    • Located at 1400 E Nolana Avenue, McAllen, TX 78501.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rio Valley Church Church Rio Valley Church ... Church Of The Nazarene Digital AIM Media ... Advertising Agency AIM Media Texas Newspaper Publisher The Monitor Newspaper Publisher

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store 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
    -98.2322355
    Latitude
    26.2188442

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    FAQs

    What type of property is this?
    Distribution property - 10-Acre Warehouse, Office Space, Texas
    Where is this distribution property located?
    The property is located at 1400 Nolana Ave McAllen, TX.
    What is the asking price?
    The asking price for this property is $13,100,000.
    What are key features of this property?
    This property features: $13,100,000 asking price.; 10.02-acre land parcel in McAllen, Texas.; 2003-built building with office and industrial space.
    Request Owner's contact information
    1400 Nolana Ave 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
    1400 Nolana Ave McAllen, TX 78501
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