Automotive Property with
New
For Sale
$275,000
206 W Dicker, Pharr, TX 78577
Paved commercial space with office, storage, and bathroom improvements supports automotive operations and flexible business use.
Property Size512 SF
Price / SF$537.11
Days on Market5
Property Features for 206 W Dicker
General Information
Standard status
Active
Size
512 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Amenities
Private Room
Full Bathroom
Additional Storage Area
Ample Paved Space
Building Details
Year Built
2018
Buildings
1
Listing Agency:
Saneti Realty Group
(956) 212-7762
Listed By:
Mayra Millan · License #801071076
Source:
Ryanandbrian
Added: Aug 25
Changed: Aug 28
Last Checked: Aug 29 at 6:24AM
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 Saneti Realty Group
Investment Insights
Based on property information with market context.
This automotive property includes a small office building with a private room, full bathroom, and separate storage area. The paved site provides space for inventory, parking, or daily business operations, and the property is currently configured for auto-related activity. Built in 2018, the improvements offer a practical base for an owner-user or commercial operator.
The property is located at 206 W Dicker in Pharr, Texas, near Cage Blvd and US 281. It is also positioned near the International Bridge and a range of businesses, shopping, and services. The site’s access and paved area support automotive sales, office-and-yard use, or storage-oriented operations, subject to applicable requirements.
The property is located at 206 W Dicker in Pharr, Texas, near Cage Blvd and US 281. It is also positioned near the International Bridge and a range of businesses, shopping, and services. The site’s access and paved area support automotive sales, office-and-yard use, or storage-oriented operations, subject to applicable requirements.
Key Highlights
- Automotive property with a small office building and paved commercial area
- Private office room, full bathroom, and additional storage area
- Paved space accommodates inventory, parking, or day‑to‑day operations
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
$8,564
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
3.11%
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%
$171,280
$171.3K
Cap Rate 7%
$122,343
$122.3K
Cap Rate 9%
$95,156
$95.2K
Market Conditions
NOI Build-Up for 512 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
$15.7K $30.72/SF
− Vacancy
−$4.3K −$8.42/SF
EGI
$11.4K $22.30/SF
− OpEx
−$2.9K −$5.58/SF
NOI
$8.6K $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%
$171,280
Cap Rate 7%
$122,343
Cap Rate 9%
$95,156
Alternative Uses
Best Use
Office B
$122.3K
$107.1K – $142.7K
NOI $8,564 @ 7.0% cap · market cap 3.11%
Second Best
Retail
$98.8K
$86.4K – $115.2K
NOI $6,913 @ 7.0% cap · market cap 2.51%
Theoretical Best
Hotel Hospitality
$385.6K
$337.4K – $449.9K
NOI $26,995 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78577, TX
79,937
Population
26,568
Households
3
Avg Household Size
30
Median Age
18%
College-Educated
70%
High-School Grad
26.0 sq mi
ZIP Area
3,075
Density / Sq Mi
$49,768
Median Household Income
$28,186
Median Earnings
$988
Median Rent
$111,500
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?
Automotive property - Paved commercial space with office, storage, and bathroom improvements supports automotive operations and flexible business use.
Where is this automotive property located?
The property is located at 206 W Dicker Pharr, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Automotive property with a small office building and paved commercial area; Private office room, full bathroom, and additional storage area; Paved space accommodates inventory, parking, or day‑to‑day operations
