Back to Search
Property profile & analytics
FOR LEASE
Office buildings
1400 N Mccoll Rd McAllen, TX 78501
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US82-3726391
For Lease
1 / 26
$4,155,000
1400 N Mccoll Rd, McAllen, TX 78501
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Total area
34,985 SF
Lot
2.32 ac (101,085 SF)
Zoning code
CO
APN
F6030-02-000-002A-00
UPID
US82-3726391
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.86M
Blend (final)
Blend
$4.16M
Owner & transaction history
Commerce Center West Ltd · 8 yrs held
Commerce Center West Ltd
since 2018
7 recorded transactions
Zoning & alternative use
CO · Mcallen, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.8M
+30.5%
Commercial (general)
$3.9M
+5.8%
Restaurant
$3.9M
+4.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs McAllen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs McAllen submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,700,000
Current use
AUTO REPAIR, GARAGE
$4,830,000
Change: +31% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,915,000
Change: +6% · Conversion: Easy
RESTAURANT
$3,875,000
Change: +5% · Conversion: Moderate
MEDICAL BUILDING
$3,410,000
Change: -8% · Conversion: Easy
RETAIL STORES
$3,395,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$4.16M
Range $3.74M – $4.57M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$119 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$63,230
Tax year 2022
Assessed value
$3,161,489
Assessed 2023
Previous assessed
$3,161,489
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$758,145
Assessed improvement
$2,403,344
Land market value
$758,145
Improvement market value
$2,403,344
Total market value
$3,161,489
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2002
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
34,985 SF
Lot
2.32 ac (101,085 SF)
Zoning code
CO
APN
F6030-02-000-002A-00
UPID
US82-3726391
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Mcallen, TX
Zoning CO · permitted uses
CO · Mcallen, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mcallen. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$3.9M
RESTAURANT
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.4M
RETAIL STORES
Est. value
$3.4M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.32 ac
Current owner
From public records · entity-resolved
Commerce Center West Ltd
Individual
Mailing address
1400 N MCCOLL RD STE #201, MCALLEN, TX 78501-9613
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2018
—
Commerce Center West Ltd
—
Deed
related
$2,600,000 · Miscellaneous Ins Co
Apr 12, 2010
—
Advantas Asset Managers Ltd
—
Grant Deed
related
$2,289,754 · Inter National Bank
Feb 26, 2009
—
Commerce Center West Ltd
—
Grant Deed
related
$3,000,000 · Inter National Bank
—
—
Advantas Asset Managers Ltd
—
Deed Of Trust
related
$2,999,121 · Inter National Bank
—
—
Commerce Center West Ltd
—
Deed Of Trust
related
$3,000,000 · Inter National Bank
—
—
Advantas Asset Managers Ltd
—
Loan Modification
related
$3,000,000 · Inter National Bank
—
—
Commerce Center West Ltd
—
Deed Of Trust
related
$2,600,000 · Miscellaneous Ins Co
—
—
Marest Properties Ltd
—
Deed Of Trust
related
$4,500,000 · Inter National Bank
—
—
Advantas Asset Managers Ltd
—
Deed Of Trust
related
$2,154,225 · Inter National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
