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Property profile & analytics
OFF-MARKET
Office buildings

407 Nolana Ave Mcallen, TX 78504-3012

2,100 SF 0.14 ac lot Built 1979
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US82-2577815
Property summary
AI-generated overview

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
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1979
Total area 2,100 SF
Lot 0.14 ac (6,090 SF)
Zoning code C-3
APN N2800-00-000-0056-00
UPID US82-2577815
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
  • Kevin's Travel Agency HQ Travel Agency
  • Fortune Data Technology Business Management Consultant
  • CITY EXPRESS INSURANCE AGENCY Insurance Agency
  • CHESSANI REMODELING SERVICES Hardware & Home Improvement Interior Design
  • E&K income tax and notary service Law Firm
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Tey Md LLC · 2 yrs held
Tey Md LLC
since 2024
5 recorded transactions
2024
Price N/A
2020
Price N/A
2017
Price N/A
2014
Price N/A
1969
Price N/A
Zoning & alternative use
C-3 · Mcallen, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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