Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    201 S Shary Rd Mission, TX

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in shopping center anchored by HEB.

    Type:RETAIL
    Property size:
    1,785 SF
    Lot size:
    38.45 Acres
    Added:
    Nov 24, 2025
    Days on Market:
    153
    Last Refresh:
    Apr 5 at 9:07 pm

    Property Features for 201 S Shary Rd

    General Information

    Standard status
    Active
    Size
    1,785 SF
    Lot size
    38.45 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 201 S Shary Rd Contact us

    We can help!

    Listing Contact
    Andrew Sudderth

    Listing agent Andrew Sudderth

    Listing office SHOP Companies | Austin

    Listing date Nov 24, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of SHOP Companies | Austin

    Overview

    Retail Space in Mission, Texas

    Located on Shary Road and Expressway 83 (I-2), Sharyland Towne Crossing is anchored by HEB grocery and Target. Junior anchors include TJ Maxx, Ross, and Petco. The property is near the 40,000 square foot Mission Event Center. The available retail space measures 1,785 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Western Union Bank Zambrano Law Firm Law Firm Allure Nails & Spa Nail Salon Tortilleria Aries Grocery & Convenience Store Marco’s Pizza Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    • Sharyland Towne Crossing — 2423 E Expressway 83, Mission, TX 78572
    • Mission H‑E‑B — 2409 E Expressway 83 #94, Mission, TX 78572
    • North Sharyland Crossing — 125 S Shary Rd, Mission, TX 78572
    • Market at Sharyland Place — 2406 E Expressway 83, Mission, TX 78572
    • Coinstar Kiosk - Bitcoin ATM — 2409 E Expressway 83 H.E.B, Mission, TX 78572

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2879
    Latitude
    26.2014

    Nearby Similar for Lease

    • $5,200/Mo

      Versatile Commercial Space in Mission,TX

      4,587 sq ft space suitable for various businesses.
      1154 Expressway 83, Mission, TX 78572
      View Details
    • $2,750/Mo

      Advanced Medical Arts Center Suite

      Finished suite in a professional office center with courtyard.
      1112 Griffin Parkway, Mission, TX 78572
      View Details
    • $2,100/Mo

      Mission TX Commercial Space

      1,750 sq ft commercial space in Sharyland area.
      2419 E Griffin Parkway, Mission, TX 78572
      View Details
    • $750/Mo

      Mission, TX Commercial Rental Space

      Flexible commercial space suitable for restaurants, retail, or wellness businesses.
      104 N Mayberry Road, Mission, TX 78573
      View Details
    • $24 SF/Yr

      Retail Space in Plaza Emmanuel

      Retail space available in high-traffic Mission, Texas location.
      10211 Mile 7 Road, Mission, TX 78573
      View Details
    • $20 SF/Yr

      Mission Retail Space For Lease

      Retail space available in high-traffic Mission location.
      10211 Mile 7 Road, Mission, TX 78573
      View Details
    • $3,369/Mo

      High-Visibility Retail Space Available

      Retail space with high traffic and expansion options.
      4322 N Conway Avenue, Mission, TX 78573
      View Details
    • $1,524/Mo

      Retail Space Near Walmart

      High-visibility retail space in established shopping center near Walmart.
      4322 N Conway Avenue, Mission, TX 78753
      View Details
    • $3,366/Mo

      Mission, TX Commercial Space

      Commercial space in a mixed-use plaza near Expressway 83.
      1352 E 1st Street, Mission, TX 78572
      View Details
    • $3,000/Mo

      Commercial Building in Mission, TX

      2,250 SF commercial building suitable for event center, gym.
      2722 N Conway Avenue, Mission, TX 78574
      View Details
    • $2,750/Mo

      Premier Office Space in Mission

      Coveted professional address with dual access and sculpted gardens.
      1112 E Griffin Parkway, Mission, TX 78572
      View Details
    • $2,700/Mo

      Mission, TX - Office Suite

      Turnkey office suite with courtyard and golf course views.
      1022 E Griffin Parkway W, Mission, TX 78572
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in shopping center anchored by HEB.
    Where is this shopping center located?
    The property is located at 201 S Shary Rd Mission, TX.
    What are key features of this property?
    This property features: Anchored by HEB grocery and shadow‑anchored by Target.; Junior anchors include TJ Maxx, Ross, and Petco.; Strategically located on Shary Road and Expressway 83 (I‑2).
    (512) 485-0797 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Andrew Sudderth
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!