2250 Nolana Ave Mcallen, TX 78504-4125
This exceptional 8,949-square-foot retail property presents a unique investment opportunity in the thriving McAllen, Texas market. Previously a bank branch, this single-tenant building offers immediate occupancy with its entirely vacant space. Situated on a 0.6-acre lot, the property boasts unparalleled visibility due to its prime location at the northeast corner of West Nolana Avenue and North 23rd Street, a highly trafficked intersection controlled by a traffic signal. The building's former use as a bank suggests a robust structure, well-suited for a variety of retail uses. Its substantial size provides ample space for a large-scale retailer or the potential for subdivision into smaller units. The property's location within Hidalgo County, specifically in McAllen, TX, 78504, places it within a dynamic commercial corridor, benefiting from high consumer traffic and strong economic activity. The address is 2250 W Nolana Ave. This is an exceptional opportunity to acquire a well-positioned retail space in a rapidly growing Texas city. The property's size and location make it ideal for a variety of retail businesses seeking high visibility and accessibility. The vacant status allows for immediate customization and occupancy, minimizing downtime and maximizing return on investment.
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BBVA Bank Bank Loan Service
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
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Property description
Physical attributes from public recordsZoning & alternative use
CG · 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.