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Property profile & analytics
OFF-MARKET
Office buildings

2020 Houston Ave Mcallen, TX 78501-7231

1,326 SF 0.13 ac lot Built 1981
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US82-1998241
Property summary
AI-generated overview

This exceptional commercial property, located at 2020 W Houston Avenue in McAllen, Texas, presents a fantastic investment opportunity. Built in 1981, this 5,532.12 square foot lot features a well-maintained office building ideal for expansion or a new business venture. The building itself offers three private offices, providing ample space for individual work or team collaboration. Two full bathrooms ensure convenience for employees and clients. A dedicated lunch/break area fosters a comfortable and productive work environment. Two additional storage areas offer versatile space for supplies, equipment, or archives. The property's strategic location offers easy access to major thoroughfares, including 23rd Street and Bicentennial Boulevard, and provides convenient access to Interstate 2, ensuring seamless commutes and efficient logistics. The asking price for this turnkey office space is $169,000. This property is zoned for commercial and executive office use, making it a highly desirable location for a variety of businesses. The property's combination of prime location, functional layout, and competitive price makes it an attractive investment in the thriving McAllen market. The property is situated in Hidalgo County, Texas, with a zip code of 78501.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Total area 1,326 SF
Lot 0.13 ac (5,532 SF)
APN G9400-00-009-0016-00
UPID US82-1998241
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
  • chairel co Construction Company
Value estimations
Realmo proprietary · 4 methods
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by Request
Owner & transaction history
Chairel Company LLC · 3 yrs held
Chairel Company LLC
since 2023
5 recorded transactions
2023
Price N/A
2023
Price N/A
2015
Price N/A
2015
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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