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Property profile & analytics
OFF-MARKET
Office buildings

408 Lindberg Ave Mcallen, TX 78501-2922

3,204 SF 0.44 ac lot Built 1985
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US82-3850988
Property summary
AI-generated overview

This exceptional single-tenant commercial property, located at 408 Lindberg Avenue in McAllen, Texas, 78501, offers 3,204 square feet of versatile office space situated on a substantial 18,987.80 square foot lot. The building is ideally suited for medical professionals, given its location within McAllen's desirable medical district. The property boasts multiple office spaces, a welcoming reception area, a convenient kitchen/breakroom, and a collaborative bullpen workspace. A dedicated conference room features an attractive granite conference table, providing a professional setting for meetings. Adding to its functionality, a separate, approximately 300+ square foot suite on the second floor offers a private and independent space, complete with its own full bathroom and kitchenette. This suite is externally accessible, making it ideal for a private office or guest accommodations. Ample parking is available with 17 designated spaces. The property's APN is H255000007000221. This combination of a well-designed layout, prime location, and convenient amenities presents a compelling opportunity for businesses seeking a high-quality, functional workspace in a thriving medical hub. The property is available for lease.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Total area 3,204 SF
Lot 0.44 ac (18,988 SF)
APN H2550-00-007-0002-21
UPID US82-3850988
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
  • Kyle D. Brown PC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Grandsons Real Estate Holdings LLC · 2 yrs held
Grandsons Real Estate Holdings LLC
since 2024
6 recorded transactions
2024
Price N/A
2021
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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