1313 & 1317 E JASMINE AVENUE, MCALLEN, TX 78501
Homes for sale in Mcallen.
Homes for sale in 78501.
1313 & 1317 E Jasmine Avenue
McAllen, TX 78501
List Price$3,700,000
Listing #482325
17,400
Square Feet
Commercial
Type
About This Property
This is a unique opportunity to acquire two neighboring flex space buildings, 1313 E. Jasmine Ave. and 1317 E. Jasmine Ave., offered together as a portfolio. Both properties are zoned C-4 (Commercial Industrial), ideal for businesses requiring a mix of office and warehouse space. The strategic location near Interstate Highway 2 and Business Highway 83 ensures excellent connectivity. The portfolio features 65% nationwide medical-related tenants for over 15 years and a well-established, growing local business that has tripled in size in five years, offering strong visibility, versatility, and long-term potential for owner-users or investors. NNN Lease Extremely Low Maintenance Costs Concrete Buildings with Roofs Recently Redone Convenient Access to Interstate Highway 2 and Business Hwy 83 The Storage Area is (Air Conditioned) Cap Rate: 7.81%
Property Features
Location Information
County
Hidalgo
Directions
From McColl Road and Business 83, head North, turn right on Hackberry Ave., the properties are on the right hand side.
Subdivision
Market Center
Interior Features
Heating
Central
Floors
Concrete, Tile
Cooling
Central Air
Appliances
Electric Water Heater
Exterior Features
Construction
Brick
Lot Description
See Remarks
Roof
Other
Lot Size in Acres
1
Possession
Closing and Funding
Lot Size in Sq. Ft.
43,560
Parking Description
Paved
Present Use
Office, Warehouse
Has Garage
Yes
Zoning
C4
Garage Spaces
60
Energy Features
Thermostat
Parking Spaces
60
Road Frontage
City Street
Additional Information
Property Type
COM
Units in Complex
1
Property SubType
Commercial
Taxes
20797
Year Built
2000
Tax Year
2025
APN
M11200004A007A00 &
Square Feet Source
Seller Measured
Status
Active
Similar Listings
Mortgage Calculator
$17,279
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$13,333
Monthly Tax
$3,083
Monthly Insurance
$863
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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