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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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