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Property summary
This McAllen, Texas property offers 12 suites in a single-story, 300-square-foot minimum divisible space, totaling 300 square feet to a maximum of 2,100 contiguous square feet within a 6,088-square-foot lot. Located at 407 W Nolana Ave, McAllen, TX 78501, this Class B building, constructed in 1979, is zoned RS and features ceramic flooring. The building is situated in a high-traffic area with diverse surrounding businesses, including medical centers and retail stores, providing excellent access to a wide range of clients and customers. Individual office spaces average 300 square feet, perfect for small businesses or professionals seeking a convenient and well-located workspace. The property offers a welcoming environment designed to impress clients and staff. This prime location provides a strategic advantage for networking and accessibility, fostering potential collaborations and partnerships. The available space is suitable for startups or established companies seeking expansion, offering a foundation for business growth and success. This is an exceptional opportunity to establish a business presence in a thriving commercial area.
Property profile
VerifiedCap rate & NOI
Current use
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Travel Agency
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Business Management Consultant
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Insurance Agency
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Hardware & Home Improvement Interior Design
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Law Firm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The C-3 general business district is established to provide sufficient space, in appropriate locations with a variety of site choices, for development requiring a higher density of commercial establishments, generally ch…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the McAllen market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Mcallen, TXThe C-3 general business district is established to provide sufficient space, in appropriate locations with a variety of site choices, for development requiring a higher density of commercial establishments, generally ch…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The C-3 general business district is established to provide sufficient space, in appropriate locations with a variety of site choices, for development requiring a higher density of commercial establishments, generally ch…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-3 in Mcallen, TX.
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Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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