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Property profile & analytics
OFF-MARKET
Medical Office Space

1120 Galveston Ave Mcallen, TX 78501-4943

5,060 SF 0.32 ac lot Built 1977
Entity Owned 3-yr Hold Free & Clear
Property ID
US82-0105269
Property summary
AI-generated overview

This exceptional commercial property, located at 1120 Galveston Avenue in McAllen, Texas, presents a unique investment opportunity. Built in 1977, the 14,000.184 square foot lot houses a spacious office building formerly used as a medical facility. The adaptable layout is ideal for a variety of businesses, offering the potential for two separate entities to occupy the north and south sides of the building. Ample parking is provided with a fenced area accommodating 20 or more vehicles, ensuring convenience and security for employees and clients. The interior features well-designed offices and meeting rooms, ready for immediate occupancy. Recent improvements include a new roof, providing peace of mind and reducing future maintenance costs. The property's location in a vibrant area of McAllen, Texas, zip code 78501, offers excellent visibility and accessibility. This is a rare opportunity to acquire a well-maintained, versatile office building in a thriving Texas market. The asking price is $395,000. The property is zoned for commercial and executive office use. This property is ready for its next chapter.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1977
Total area 5,060 SF
Lot 0.32 ac (14,000 SF)
Zoning code C3
APN M1950-00-050-0011-00
UPID US82-0105269
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Focus Medical Center: Key James D MD Physician
  • Foccus Medicine Center Medical Clinic
  • Gill D S MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Titus Development Ltd · 3 yrs held
Titus Development Ltd
since 2023
4 recorded transactions
2023
Price N/A
2010
Price N/A
2005
Price N/A
2004
Price N/A
Zoning & alternative use
C3 · Mcallen, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source revised UDC
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