2,100 sqft

$480,000

407 W Nolana Avenue, McAllen, Mc Allen TX, 78504

Price per sqft$228.57

Built in1979

Property size2,100 sqft

Property typeCommercial

Overview

Active

Listed Mar 31, 2026

Updated Jun 3

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.

Additional information

MLS^® ID: 500528

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.14 Acres

Other Property Details

Taxes: $4,392
Tax Frequency: Annually
Garage: Yes

Listed by Rogelio Vela with Vela Commercial Real Estate
Listing Contact: 956-339-3836

The IDX display contains information sourced from the Greater McAllen Association of REALTORS® as of 6/3/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 6/3/2026 at 4:45 PM UTC