Commercial Real Estate Market in McAllen, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
891 active listings and 5,312 off-market properties in McAllen, TX. Commercial property asks $141/SF to buy and $23.23/SF/Yr to lease.
Market Trends
McAllen, TX spans 54.3 square miles in Hidalgo County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in McAllen, TX asks $195/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in McAllen, TX asks $164/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in McAllen, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in McAllen, TX asks $111/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 43.6%
- Agricultural 27.7%
- Industrial 15%
- Commercial 13.6%
- Mixed use 0%
Largest Zones share of zoned land by district
Single Family Residential
Agricultural And Open Space
General Business
Light Industrial
Multifamily Residential Apartment
McAllen, TX zones 36,354 acres across 17 districts. Commercial zoning covers 13.6% of zoned land, residential 43.6% and industrial 15%. The largest single district is Single Family Residential at 34.7%. For commercial buyers the practical constraint is that only 28.6% of land carries a commercial or industrial designation.
Agricultural And Open Space (A-O)
Requirement ↓ A-O R-1 R-2 R-3 C-1 C-2 M-1 M-2 C-C I-1 I-2 General Allowed? NR NR NR ✓ ✓ NR ✓ Permit Required? ✓ ✓ ✓ ✓ ✓ ✓ ✓ Number per Storefront (max.) 1 1 1 1 1 1 1 Dimensions Sign Area (max.) 50 sf 50 sf 50 sf U U U U Features Electronic Message Center Changeable Copy Internal Illumination NR NR NR ✓ ✓ ✓ ✓ External Illumination…
Market overview
Demographics & Economy
McAllen, TX has 141,251 residents in 54,314 households. Density runs 2,599 people per square mile. Median household income here is $60,673 and median gross rent $1,062 a month.
141,251
Population
54,314
Households
2.6
Avg Household Size
35
Median Age
32%
College-Educated
79%
High-School Grad
54.3 sq mi
ZIP Area
2,599
Density / Sq Mi
$60,673
Median Household Income
$33,874
Median Earnings
$1,062
Median Rent
$167,930
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Pharr | $141 (county avg) | $20.20 |
| Edinburg | $141 (county avg) | $18.70 |
| Faysville | $141 (county avg) | — |
| Lopezville | $141 (county avg) | — |
Commercial property in McAllen, TX asks $141/SF. The 4 bordering markets run from $141/SF in Pharr to $141/SF in Pharr, and the city sits in line with their $141/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in McAllen?
Commercial property in McAllen, TX asks an average of $141 per square foot. Office carries the highest asking price at $195/SF.
How much does it cost to lease commercial space in McAllen?
Asking lease rates in McAllen, TX average $23.23 per square foot per year.
How does McAllen compare to nearby markets on price?
McAllen, TX asks $141/SF against $141/SF in Pharr, $141/SF in Edinburg, $141/SF in Faysville and $141/SF in Lopezville.
What zoning applies to commercial property in McAllen?
McAllen, TX zones 36,354 acres across 17 districts, of which 13.6% is commercial and 15% industrial. The largest single district is Single Family Residential at 34.7% of zoned land. Residential zoning covers 43.6% and open space 0%.
Where does Realmo's McAllen market data come from?
Realmo compiles McAllen, TX figures from 572 active sale listings, 319 active lease listings, 5,312 tracked off-market properties, the current McAllen zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 572 active for-sale and 319 active for-lease listings in McAllen, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 36,354 zoned acres across 17 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
