2812 Nolana AveMcAllen, TX 78501

Property Details for 2812 Nolana Ave

Year built

2007

Lot size

2.07 AC

Property size (Sq ft)

21,252 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

R3860-00-000-0006-00

APU

R386000000000600

Description

Market at Nolana, located at 2812 Nolana Ave, McAllen, TX 78501, presents a unique opportunity for retail businesses seeking high visibility and strong foot traffic. This retail center, totaling 41,138 square feet, offers multiple tenancy options with three spaces currently available, ranging from 1,260 to 2,056 square feet. The property enjoys a prime location at the highly visible intersection of Nolana Avenue and 29th Street in McAllen, Hidalgo County, Texas. This strategic positioning ensures maximum exposure to a large customer base, benefiting from both local residents and significant through traffic. The center's established tenant mix includes well-known brands like Dunkin' Donuts and Jersey Mike's, creating a synergistic environment and attracting a consistent flow of customers. This vibrant shopping hub offers an exceptional opportunity for businesses seeking a thriving retail environment in a high-demand area of McAllen. The property's location provides excellent accessibility and visibility, making it an ideal choice for businesses looking to establish a strong presence in this dynamic market. The available spaces are adaptable and suitable for a variety of retail concepts.

• CAP approach

  CAP return

  Valuation

  6%

  $4,293,074

  6.5%

  $3,962,837

  7%

  $3,679,778

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,618,120

  Geo Method

  $12,171,454

• Alternative Use

  Use

  Valuation

  Residential

  $3,342,802

  Hospitality

  $3,061,988

  Educational

  $2,547,538

  Medical

  $2,635,152

  Retail

  $3,962,837

Location Insight

City

Mcallen

County

Hidalgo

State

Texas

Latitude

26.2417

Longitude

-98.2469

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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