For Sale
Property summary
This exceptional 1,500 square foot commercial property, situated on a 0.13-acre lot at 505 W Nolana Avenue in the vibrant city of McAllen, Texas, presents a compelling investment opportunity. The building boasts a thoughtfully designed layout, perfect for a variety of commercial ventures. Three private offices offer ample space for individual work or team collaboration, while two bathrooms ensure convenience for employees and clients. A well-equipped kitchen area adds functionality, and a welcoming front lobby creates a positive first impression. The property's location in the heart of McAllen guarantees high visibility and easy accessibility, maximizing exposure to potential customers and clients. This prime location within McAllen offers significant advantages for businesses seeking to establish a strong presence in this thriving Texas city. The property's functional design, combined with its strategic location, makes it an ideal choice for entrepreneurs and established businesses alike, providing a solid foundation for growth and success. The asking price of $230,000 represents a significant value for a property of this caliber in such a desirable location. This is a rare opportunity to acquire a well-maintained and strategically positioned commercial property in the dynamic McAllen market.
Property profile
VerifiedCap rate & NOI
Current use
-
Charitable Organization Social Service Agency
-
Tax Preparation
-
Barber Shop
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
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight