407 W Nolana AVE, Mcallen, TX 78504
407 W Nolana AVE, Mcallen, TX 78504
407 W Nolana AVE, Mcallen, TX 78504
407 W Nolana AVE, Mcallen, TX 78504
407 W Nolana AVE, Mcallen, TX 78504
407 W Nolana AVE, Mcallen, TX 78504
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Element Realty

Element Realty

+1(956) 624-7036
Listed by Vela Commercial Real Estate
$ 480,000

2,100 SqFt

Save
$ 480,000
Save

2,100 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,100 sqft

Subdivision Nolana Gardens

MLS Listing ID 500528

HOA Y/N No

Year Built 1979

Annual Tax Amount $4,392

Tax Year 2025

Lot Size 6,090 Sqft

Acres 0.1398

Property Sub-Type Commercial

Source Greater McAllen

Property Description

This commercial offers a unique opportunity for investors looking to secure a property with consistent demand. The affordable price point and attractive amenities make it a sought-after location for professionals and small businesses alike. With a strong CAP Rate and a history of high occupancy, this property represents a very safe and solid investment in the current market environment. Currently selling at a CAP Rate: 8.5% this 12 Individual Offices is Perfect for professionals and small businesses. The common area is a welcoming space for clients and visitors has ceramic tile flooring that adds a touch of elegance throughout the property. Wi-Fi is provided keeping tenants connected without extra costs. Affordable leasing at just $400 monthly it's an attractive option for potential tenants. Strong high occupancy Rate making it a safe investment with a waiting list of tenants. This is a solid investment with a 8.5% CAP Rate, and a IRR of 20% it's a strong choice in today's market.

Location

State TX

County Hidalgo

Interior

Heating Central

Cooling Central Air

Flooring Tile

Equipment Roof Sign

Appliance Electric Water Heater

Exterior

Garage Spaces 12.0

View Y/N No

Roof Type Flat

Total Parking Spaces 12

Garage Yes

Building

Lot Description Strip Mall

Faces Corner of Nolana and 2nd St

Story 1

Structure Type Stucco

New Construction No

Others

Tax ID N280000000005600

Security Features Security Lights

Nearby Locations

Element Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(956) 624-7036

admin@theelementrealty.com

2713 Cornerstone Blvd, Edinburg, Texas 78539, USA

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407 W Nolana AVE