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1524 N Mccoll Rd McAllen, TX 78501

Banks Google Maps
16,682 SF 1.53 ac lot Built 2004
Entity Owned 19-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$870k
Range $783k – $957k (±10%)
Property ID US82-1915052

Property summary

AI-generated overview

This exceptional McAllen, Texas office property at 1524 N McColl Rd offers 18,054 square feet of space in a multi-tenant building. Three executive office suites are currently available, ranging from 2,320 to 4,312 square feet, providing flexibility for various business needs. The building boasts a highly visible location with excellent signage opportunities, ensuring maximum brand exposure. Ample parking and well-maintained grounds create a professional and convenient environment for clients and employees. The modern interior spaces are customizable, allowing tenants to design their ideal workspace. State-of-the-art amenities contribute to a comfortable and efficient work environment. This property presents a unique opportunity to establish a strong presence in the thriving McAllen business community, offering a combination of prime location, modern amenities, and flexible space options. Located in McAllen, Texas, zip code 78501, this property is ready for immediate occupancy. The building's design and location make it an ideal choice for businesses seeking a high-profile and functional office space.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2004
Total area 16,682 SF
Lot 1.53 ac (66,799 SF)
Zoning code CO
APN F6030-03-000-0003-00
UPID US82-1915052

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Group
  • Bank Loan Service

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$745k
CAP Approach CAP
by Request
Comparable Approach Comparable
$992k
Blend (final) Blend
$870k

Owner & transaction history

since 2006
7 recorded transactions
2020
Price N/A
2020
Price N/A
2020
Price N/A
2006
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CO · Mcallen, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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