804 Pecan BlvdMcAllen, TX 78501

  • Strip malls
  • 8,456 SF
For Lease
$1.32/SF/YR View listing

Property Details for 804 Pecan Blvd

Year built
2000
Lot size
0.45 AC
Property size (Sq ft)
8,456 SF
Zone code
RS
Property type
Strip malls
Property subtype
Neighborhood centers
APN
N3800-00-002-003A-00
APU
N380000002003A00

Description

This exceptional 234-square-foot office space, located at 804 Pecan Boulevard #116 in McAllen, Texas, presents a fantastic opportunity for a single tenant. Situated in a newly renovated professional building in the heart of McAllen, at the intersection of Pecan Boulevard and 8th Street, this unit offers convenient access and a prestigious address. Unit 116 is accessed via a secure main lobby with keypads at every door, ensuring safety and privacy. The lease includes a comprehensive utility package, covering water, electricity, trash removal, high-speed Wi-Fi/internet access, and janitorial services, minimizing operational overhead. Shared amenities include a well-equipped conference room (available for reservation up to two hours), a comfortable break room, and clean restrooms. The larger property encompasses a total of 8,500 square feet on a 19,758.816-square-foot lot and provides 30 parking spaces for tenants and visitors. The property's APN is N380000002003A00. This move-in ready space is perfect for a small business or individual professional seeking a modern, efficient, and fully-serviced workspace in a vibrant McAllen location. Don't miss this chance to secure this exceptional office space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,708,180
    6.5%
    $1,576,781
    7%
    $1,464,154
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,837,513
    Geo Method
    $4,842,924
  • Alternative Use

    Use
    Valuation
    Residential
    $1,330,074
    Hospitality
    $1,218,340
    Educational
    $1,013,645
    Medical
    $1,048,506
    Retail
    $1,576,781

Location Insight

City
Mcallen
County
Hidalgo
State
Texas
Latitude
26.2179
Longitude
-98.2256
CBSA code
32580
CBSA name
MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$10,566
$214,396
$313,893
$528,289
-
$214,396
$313,893
$528,289

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