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

Active

List Price$3,700,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

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

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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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