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Property profile & analytics
FOR SALE
Office buildings

4020 N 22Nd St McAllen, TX 78504

2,329 SF 0.18 ac lot Built 1995
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US83-4125157
Property summary
AI-generated overview

This exceptional commercial property, located at 4020 N 22nd Street in McAllen, Texas, presents a lucrative investment opportunity. The property consists of a 2,330 square-foot office building situated on a 7,815.1 square-foot lot. Built in 1995, the building comprises two suites, each boasting approximately 1,165 square feet of well-appointed office space. Each suite features a reception area, three offices/conference rooms, private his-and-her bathrooms, and a convenient coffee bar area. Currently, both suites are leased, generating immediate rental income. The asking price for this turnkey investment is a firm $485,000. The property's location in McAllen, Hidalgo County, Texas (zip code 78504), offers excellent accessibility and visibility. This is an ideal opportunity for investors seeking a stable, income-producing asset in a thriving Texas market. The property's strong tenant occupancy and desirable features make it a compelling investment prospect with significant potential for long-term growth and return. The property is ready for immediate ownership and income generation. Contact us today to schedule a showing.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1995
Total area 2,329 SF
Lot 0.18 ac (7,815 SF)
Zoning code CO
APN P9600-00-000-0001-00
UPID US83-4125157
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
  • SYNERGY HomeCare Home Health Care Service Child Health Care Centre
  • Natural Healing Alternative Medicine Practice Spa & Massage Center
  • Natural Healing Therapy Alternative Medicine Practice Spa & Massage Center
  • Barbara Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Richard Masso · 6 yrs held
Richard Masso
since 2019
7 recorded transactions
2019
Price N/A
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CO · Mcallen, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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