Technical
Financial
Distress signals
Property profile

2812 Nolana Ave Mcallen, TX 78504

OFF-MARKET
Strip malls
Property ID
US82-4540991
21,252 SF 2.07 ac lot Built 2007
Individually Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a retail space located within The Market at Nolana shopping center at the intersection of 29th Street and W Nolana Avenue. The center includes a Walmart Super Center as a shadow anchor. The retail space is positioned near multiple schools, including Alonzo De Leon Middle School, Castaneda Elementary, and McAuliffe Elementary, and is also near McAllen Sports Park, which provides practice fields, tennis courts, a basketball court, and a playground and is used for community events.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Total area 21,252 SF
Lot 2.07 ac (90,169 SF)
APN R3860-00-000-0006-00
UPID US82-4540991

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
  • Physician
  • Insurance Agency
  • Medical Clinic
  • Restaurant
  • Bakery Specialty Food Shop

Location

2812 Nolana Ave Mcallen, TX 78504-4185
Mcallen metro Census 20736 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.46M

Owner & transaction history

since 2006
2 recorded transactions
2006
Price N/A
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $2.1M +2.3%

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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