Freestanding Office
For Sale
$650,000
B-900 E Redbud Ave, McAllen, TX 78504
The layout combines private rooms, open work areas, a reception area, and staff amenities.
Property Size4,000 SF
Price / SF$162.50
Days on Market378
Property Features for B-900 E Redbud Ave
General Information
Standard status
Active
Size
4,000 SF
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$4,064
Building Details
Buildings
1
Building Size
4,000 SF
Listing Agency:
RE/MAX Platinum
(956) 668-8555
Listed By:
Deborah Tippit
(956) 533-8743
Source:
Exprealty
Added: Oct 17, 2025
Changed: Oct 25
Last Checked: Oct 28 at 1:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Platinum
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding office building offers approximately 4,000 SF of interior space. The layout includes a reception area, three private rooms, and two large open areas, along with a kitchen, separate men’s and women’s restrooms, and a laundry room.
The property is situated in a professional business park just off McColl and near DHR, with an address on E Redbud Ave in McAllen, Texas.
The property is situated in a professional business park just off McColl and near DHR, with an address on E Redbud Ave in McAllen, Texas.
Key Highlights
- Approximately 4,000 SF
- Three private rooms and two large open areas
- Reception area, kitchen, laundry room, and separate men’s and women’s restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,550
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,071,000
$1.1M
Cap Rate 7%
$765,000
$765.0K
Cap Rate 9%
$595,000
$595.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$84.0K $21.00/SF
− Vacancy
−$12.6K −$3.15/SF
EGI
$71.4K $17.85/SF
− OpEx
−$17.9K −$4.46/SF
NOI
$53.6K $13.39/SF
Area
McAllen, TX
Vacancy
15.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,071,000
Cap Rate 7%
$765,000
Cap Rate 9%
$595,000
Alternative Uses
Best Use
Office B
$765.0K
$669.4K – $892.5K
NOI $53,550 @ 7.0% cap · market cap 8.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$950.4K – $1.27M
NOI $76,032 @ 7.0% cap · market cap 11.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,125
Businesses Nearby
Explore this area
Business Placement
Demographics for 78504, TX
56,830
Population
21,417
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
86%
High-School Grad
19.6 sq mi
ZIP Area
2,899
Density / Sq Mi
$77,627
Median Household Income
$41,632
Median Earnings
$1,178
Median Rent
$203,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The layout combines private rooms, open work areas, a reception area, and staff amenities.
Where is this office building located?
The property is located at B-900 E Redbud Ave McAllen, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Approximately 4,000 SF; Three private rooms and two large open areas; Reception area, kitchen, laundry room, and separate men’s and women’s restrooms
