Turnkey Hair Salon
For Sale
$260,000
214 E Ferguson St, Pharr, TX 78577
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 Market120
Property Features for 214 E Ferguson St
General Information
Standard status
Active
Size
1,692 SF
Additional Details
Business Included
Yes
Highway Access
Yes
Listing Agency:
Jade Real Estate LLC
(956) 203-1065
Listed By:
Stephanie Cantu
(956) 203-1065
Source:
Exprealty
Added: Apr 2
Changed: Jul 21
Last Checked: Jul 29 at 7:09PM
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
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 authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
712
Businesses Nearby
36k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 71%
Shops & Services 29%
Whataburger
Dining
20,911 visits/mo
0.4 miles
Lone Star National Bank
Shops & Services
5,709 visits/mo
0.3 miles
Tropical Smoothie Cafe
Dining
4,254 visits/mo
0.3 miles
Enterprise Rent-A-Car
Shops & Services
3,196 visits/mo
0.5 miles
Ace Cash Express
Shops & Services
1,530 visits/mo
0.4 miles
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 Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- BLACK SHEEP VAPE + SMOKE SHOP — 1101 N Cage Blvd, Pharr, TX 78577
Frequently Asked Questions
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
