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    The Largest CRE Database in the US with Over 1 Million Listings

    3910 N La Homa Rd Mission, TX 78574

    Sponsored
    For Sale
    $1,250,000

    COMMERCIAL - Mission, TX

    Property size:
    2,264 SF
    Lot size:
    1.41 Acres
    Days on Market:
    65
    Last Refresh:
    Feb 21 at 4:06 am

    Property Features for 3910 N La Homa Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security Lighting
    Zoning
    C
    APN
    N120001000006015
    Parking
    20
    Parking features
    Garage
    Exterior features
    Workshop
    Appliances
    Electric Water Heater
    Size
    2,264 SF
    Lot size
    1.41 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1999
    Floors in Building
    1
    Roof type
    Metal
    Additional Structures
    Workshop

    We can help!

    Listing Contact
    Gladys I Ramos

    RE/MAX elite (956) 330-3674

    Listing agent Gladys I Ramos (956) 929-1473

    Listing date Dec 19, 2025

    MLS# 490446

    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.

    Learn more

    Property Insight Report

    Overview

    Mechanic Shop on La Homa

    This commercial property, currently operating as a mechanic shop, features 1.41 net acres situated on La Homa Road. The metal building includes four bays and an office space. The gross building area measures 4800 square feet, with the office comprising 1600 square feet and an additional improvement of 664 square feet. Each of the four bays measures 20x40 feet and is equipped with garage doors measuring 12.5x15 feet to accommodate vehicles. Each bay is prepared for toilet accommodations. The structure features heavy-duty steel framing, designed to be expandable or allow for future modifications. The front office area has a blacktop surface. The gable roof includes two white skylight panels for continuous light, matching the roof pitch on each bay. Insulation is installed throughout the ceiling. The property includes a 40-gallon water heater, central air conditioning, and one full bathroom. The property has two electricity meters and one water meter. The property is identified by parcel number 244961.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto Sound & Security Electronics & Wireless Store Pelons Decal Shop Big Box & Wholesale Store

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Pharmacy Gym & Fitness Center Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Economy A/C, 911 Mechanic Shop, Garcia's Glass Works, MRT Transmissions LLC, Solis Tires Services

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.357303
    Latitude
    26.258332

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    FAQs

    What type of property is this?
    Auto shop - Operating mechanic shop with four bays on 1.41 acres.
    Where is this auto shop located?
    The property is located at 3910 N La Homa Rd Mission, TX.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - 1.41 Net Acreage on La Homa Road; - Operating Mechanic Shop with Existing Lease; - 4800 sq.ft. Metal Building with Four Bays (20X40 each)
    (956) 330-3674
    Request Owner's contact information
    3910 N La Homa Rd Mission, TX 78574
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    Mission, TX 78574
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3910 N La Homa Rd Mission, TX 78574
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    We can help!
    Listing Contact
    Gladys I Ramos
    (956) 330-3674 (956) 583-2100 (956) 929-1473
    Learn more
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