Turnkey Hair Salon
214 E Ferguson St Pharr, TX 78577
214 E Ferguson St, Pharr, TX, 78577
$260,000
For Sale
$260,000
Well-established hair salon with separate nail and waxing areas, including equipment and furnishings to convey.
Property Size1,692 SF
Price / SF$153.66
Days on Market112
Property Features for 214 E Ferguson St
General Information
- Standard status
- Active
- Size
- 1,692 SF
Listing agency
Jade Real Estate LLC
(956) 203-1065
Listed by
Stephanie Cantu
(956) 203-1065
Source
Exprealty
Added: Apr 2 Updated: Jul 21 at 3:59AM Checked: Jul 21 at 3:59AM
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 Jade Real Estate LLC
Investment Insights
Based on property information with market context.
This sale offers a turnkey, well-established salon space operating as a full-service hair salon. The layout includes dedicated areas for nail services and waxing. Styling chairs, pedicure chairs, and salon furniture are included with the sale, providing an opportunity to take over an operational space with the necessary equipment already in place.
The property is located less than one minute from the expressway, supporting convenient access and strong visibility for passing traffic.
With a flexible interior configuration, the space can be adapted for a range of commercial uses beyond salon operations, depending on an owner’s concept.
The property is located less than one minute from the expressway, supporting convenient access and strong visibility for passing traffic.
With a flexible interior configuration, the space can be adapted for a range of commercial uses beyond salon operations, depending on an owner’s concept.
Key Highlights
- Well‑established full‑service hair salon operating for 20+ years with a loyal clientele
- Dedicated areas for nail services and waxing, in addition to hair services
- All salon equipment and furnishings convey with the sale, including styling chairs, pedicure chairs, and furniture
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.7k | $20.52 |
| − Vacancy | −$2.1k | −$1.23 |
| EGI | $32.6k | $19.29 |
| − OpEx | −$9.8k | −$5.79 |
| NOI | $22.8k | $13.50 |
1,692 SF · lease $20.52/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$326.4K
$285.6K – $380.8K
NOI $22,846 @ 7.0% cap · market cap 8.79%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.27M
$1.12M – $1.49M
NOI $89,211 @ 7.0% cap · market cap 34.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Spa & wellness properties
Similar For Sale Nearby
Similar Off Market Nearby
- BLACK SHEEP VAPE + SMOKE SHOP — 1101 N Cage Blvd, Pharr, TX 78577
FAQs
What type of property is this?
Spa & wellness property - Well-established hair salon with separate nail and waxing areas, including equipment and furnishings to convey.
Where is this spa & wellness property located?
The property is located at 214 E Ferguson St Pharr, TX.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Well‑established full‑service hair salon operating for 20+ years with a loyal clientele; Dedicated areas for nail services and waxing, in addition to hair services; All salon equipment and furnishings convey with the sale, including styling chairs, pedicure chairs, and furniture
