407 W Nolana Avenue McAllen, TX $ 510,000
407 W Nolana Avenue
$ 510,000
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407 W Nolana Avenue

McAllen, TX, 78504
$ 510,000
Bedrooms-- Baths-- Sq 2,100

Monthly Estimate*

$ 3,140

407 W Nolana Avenue, McAllen, TX 78504 - Image 1
407 W Nolana Avenue, McAllen, TX 78504 - Image 2
407 W Nolana Avenue, McAllen, TX 78504 - Image 3
407 W Nolana Avenue, McAllen, TX 78504 - Image 4
407 W Nolana Avenue, McAllen, TX 78504 - Image 5
407 W Nolana Avenue, McAllen, TX 78504 - Image 6

Commercial Property for sale in McAllen, TX

for $510,000. This 2,100 square foot building was built in 1979 on a lot size of 0.1398.

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.

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Commercial Active

Price

$ 510,000

Property Type

Commercial

Taxes

$ 4,392

Style

Commercial

Lot Size

0.1398

Year Built

1979

Town/City

McAllen

County/Region

Hidalgo

MLS | Web ID

500528

Features
General
Possession Closing and Funding
Property Subtype Commercial
Tax Year 2025
Current Use Office
County Hidalgo
Property Type Commercial Sale
HOA false
Subdivision Name Nolana Gardens
Status Active
Directions Corner of Nolana and 2nd St
City McAllen
Lot Size Units Square Feet
Lot Size Square Feet 6090.1236
Tax Annual Amount 4392
Home Warranty Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Legal Description NOLANA GARDENS LOT 56
Freehold BBO VOW IDX
Living Area 2100
Cooling Central Air
Roof Flat
Appliances Electric Water Heater
Garage Spaces 12
Construction Materials Stucco
Year Built 1979
Stories Count 1
Energy Efficient Thermostat
Garage Y/N true
Carport Spaces 0
Carport Y/N false
Year Built Source HCAD
Heating Central
Building Features Restrooms-Private
Grounds Sidewalks
Security Features Security Lights
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Retail SqFT 0
Warehouse SqFt 0
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Exterior
Lot Size Area 6090.1236
Lot Size Acres 0.1398
Road Frontage Type City Street
Irrigation Water Rights Y/N false
Lot Features Strip Mall
Parking Features Blacktop
Total Parking 12
Building Area Total 2100
Covered Spaces 12
Other Equipment Roof Sign
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* Excluded Features
List By
Rogelio Vela

Listing Agent

Vela Commercial Real Estate

Broker

roy@velacommercial.com

Email

Affordability Calculator

$3,506
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,140
Monthly Property Taxes
$366
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/31/2026$510,000 Listed Price

Map


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407 W Nolana Avenue, McAllen, TX, 78504 is a Commercial Property for sale at $510,000 with 2,100 sqft and a lot size of 0.1398. 407 W Nolana Avenue was built in 1979. The property's zip code is 78504 which is in McAllen, TX