Auto Shop on Commercial
For Sale
$349,000
4320 N INTERNATIONAL BLVD., Mercedes, TX 78570
Commercial Sale, MERCEDES, TX
Property Size1,800 SF
Lot Size1.19 Acres
Price / SF$193.89
Days on Market1349
Property Features for 4320 N INTERNATIONAL BLVD.
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
LA PLACITA
Standard status
Active
Size
1,800 SF
Lot size
1.19 Acres
Building Details
Year built
2004
Floors in Building
1
Listing Agency:
KELLER WILLIAMS LRGV · Keller Williams Realty
(956) 423-8877
Listed By:
VERONICA HERNANDEZ · License #0721686
(956) 535-1156
Added: Dec 14, 2022
Changed: Aug 19
Last Checked: Aug 24 at 7:06PM
MLS# 29738376
Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. 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 1,800-square-foot auto shop sits on 1.188 acres and was built in 2004. The property previously supported tractor and lawnmower repair operations, providing an existing commercial building that can be adapted or redeveloped. It is offered in its current condition, with no repairs planned by the owner.
Located at 4320 N International Blvd. in Mercedes, the property fronts International Blvd. and is positioned near several franchise businesses. The site is zoned Commercial and offers a substantial land component alongside the existing improvements.
Located at 4320 N International Blvd. in Mercedes, the property fronts International Blvd. and is positioned near several franchise businesses. The site is zoned Commercial and offers a substantial land component alongside the existing improvements.
Key Highlights
- 1.188‑acre commercial property in Mercedes, TX
- Existing 1,800‑square‑foot auto shop building
- Previously used for tractor and lawnmower repairs
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
$24,304
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
6.96%
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%
$486,080
$486.1K
Cap Rate 7%
$347,200
$347.2K
Cap Rate 9%
$270,044
$270.0K
Market Conditions
NOI Build-Up for 1,800 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
$36.9K $20.52/SF
− Vacancy
−$2.2K −$1.23/SF
EGI
$34.7K $19.29/SF
− OpEx
−$10.4K −$5.79/SF
NOI
$24.3K $13.50/SF
Area
Hidalgo County, TX
Vacancy
6.00%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
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%
$486,080
Cap Rate 7%
$347,200
Cap Rate 9%
$270,044
Alternative Uses
Best Use
Retail
$347.2K
$303.8K – $405.1K
NOI $24,304 @ 7.0% cap · market cap 6.96%
Second Best
Industrial
$135.3K
$118.4K – $157.9K
NOI $9,472 @ 7.0% cap · market cap 2.71%
Theoretical Best
Hotel Hospitality
$1.36M
$1.19M – $1.58M
NOI $94,905 @ 7.0% cap · market cap 27.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78570, TX
32,950
Population
10,701
Households
3.1
Avg Household Size
30
Median Age
12%
College-Educated
61%
High-School Grad
75.2 sq mi
ZIP Area
438
Density / Sq Mi
$39,890
Median Household Income
$22,648
Median Earnings
$686
Median Rent
$83,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Auto Glass Shop — 5031 N International Blvd, Weslaco, TX 78599
- Parra Tire Shop — FM 1015, Mercedes, TX 78570
- Segura's Body Shop — 2228 E Mile 11 N, Weslaco, TX 78596
- Mad Sounds — 4418 N International Blvd, Weslaco, TX 78599
- Tire Shop Pina — 3310 N International Blvd, Weslaco, TX 78596
Frequently Asked Questions
What type of property is this?
Auto shop - Commercially zoned property with an existing repair-shop layout and redevelopment flexibility.
Where is this auto shop located?
The property is located at 4320 N INTERNATIONAL BLVD. Mercedes, TX.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 1.188‑acre commercial property in Mercedes, TX; Existing 1,800‑square‑foot auto shop building; Previously used for tractor and lawnmower repairs
