Office Unit with Reception
For Sale
$250,000
2100 S Shary Road, Mission, TX 78572
COMMERCIAL - Mission, TX
Property Size1,192 SF
Lot Size0.01 Acres
Price / SF$209.73
Days on Market208
Property Features for 2100 S Shary Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
8
Accessibility
Accessible Approach with Ramp
Appliances
Electric Water Heater
Subdivision
Plaza Depilite Condo
Lot features
Strip Mall
Directions
From the Expressway 83 go south Shary Rd.
Standard status
Active
APN
P742100000000400
Size
1,192 SF
Lot size
0.01 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
2223
HOA Fee
$150 Monthly
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2008
Floors in Building
1
Building materials
Stucco
Roof type
Flat
Listing Agency:
RE/MAX elite · RE/MAX International
(956) 583-2100
Listed By:
Jesus (Chucho) R. Flores · License #653341
(956) 566-5891
Added: Jan 28
Changed: Aug 4
Last Checked: Aug 24 at 2:06PM
MLS# 493283
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,192-square-foot office unit, built in 2008, provides a practical layout for professional operations. The interior includes a reception area, meeting room, two private offices, a small kitchen, and a half bath. Central heating and central air support year-round climate control, while stucco construction and a flat roof define the building’s exterior. An accessible approach with ramp provides entry access.
The property is located at 2100 S Shary Road in Mission, Texas 78572. The site encompasses 0.0113 acres and includes an electric water heater. The office is offered for sale or lease.
The property is located at 2100 S Shary Road in Mission, Texas 78572. The site encompasses 0.0113 acres and includes an electric water heater. The office is offered for sale or lease.
Key Highlights
- 1,192‑square‑foot office unit built in 2008
- Reception area, meeting room, and two private offices
- Small kitchen and half bath included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,939
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$398,780
$398.8K
Cap Rate 7%
$284,843
$284.8K
Cap Rate 9%
$221,544
$221.5K
Market Conditions
NOI Build-Up for 1,192 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$36.6K $30.72/SF
− Vacancy
−$10.0K −$8.42/SF
EGI
$26.6K $22.30/SF
− OpEx
−$6.6K −$5.58/SF
NOI
$19.9K $16.73/SF
Area
Hidalgo County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$398,780
Cap Rate 7%
$284,843
Cap Rate 9%
$221,544
Alternative Uses
Best Use
Office B
$284.8K
$249.2K – $332.3K
NOI $19,939 @ 7.0% cap · market cap 7.98%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$897.8K
$785.6K – $1.05M
NOI $62,848 @ 7.0% cap · market cap 25.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
85
Businesses Nearby
Explore this area
Business Placement
Demographics for 78572, TX
78,280
Population
32,696
Households
2.4
Avg Household Size
36
Median Age
25%
College-Educated
75%
High-School Grad
53.7 sq mi
ZIP Area
1,458
Density / Sq Mi
$54,029
Median Household Income
$30,004
Median Earnings
$900
Median Rent
$121,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Built in 2008, the unit includes meeting space, private offices, a kitchen, and accessible ramp entry.
Where is this office units located?
The property is located at 2100 S Shary Road Mission, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,192‑square‑foot office unit built in 2008; Reception area, meeting room, and two private offices; Small kitchen and half bath included
