1120 Galveston Ave Mcallen, TX 78501-4943
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.
-
Focus Medical Center: Key James D MD Physician
-
Foccus Medicine Center Medical Clinic
-
Gill D S MD Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C3 · Mcallen, TXCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.