Coworking Space with Private
New
For Sale
Contact for pricing
2515 Colorado Street Unit 2, Mission, TX 78572
Members have round-the-clock access to private offices, a conference room, and shared amenities.
Property Size80 SF
Price / SF$6.25
Days on Market2
Property Features for 2515 Colorado Street Unit 2
General Information
Standard status
Active
Size
80 SF
Property subtype
Commercial
Additional Details
Currently Operating
Yes
Property Use
Co-Working Space
Amenities
lobby area
conference room
break room
coffee bar
access control
24/7 access
mailboxes
professional address
janitorial services
private entrance
Building Details
Year Built
2016
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Oct 31
Changed: Nov 1
Last Checked: Nov 1 at 1:49AM
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
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Investment Insights
Based on property information with market context.
This coworking space includes private offices, a conference room, a break room with a coffee bar, and individual mailboxes. Features also include ButterflyMX access control, a separate tenant entrance, janitorial service, and 24/7 member access. The building dates to 2016.
The property is within St Lucia Plaza, where businesses include a coffee shop, meal-prep and shake providers, a cycling and yoga studio, and beauty and wellness services.
The property is within St Lucia Plaza, where businesses include a coffee shop, meal-prep and shake providers, a cycling and yoga studio, and beauty and wellness services.
Key Highlights
- Private offices and a conference room
- 24/7 member access with ButterflyMX entry control
- Break room, coffee bar, individual mailboxes, and janitorial service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,338
Suggested Prices Based on Cap Rates
Cap Rate 5%
$26,760
$26.8K
Cap Rate 7%
$19,114
$19.1K
Cap Rate 9%
$14,867
$14.9K
Market Conditions
NOI Build-Up for 80 SF
Gross rent
$2.5K $30.72/SF
− Vacancy
−$673 −$8.42/SF
EGI
$1.8K $22.30/SF
− OpEx
−$446 −$5.58/SF
NOI
$1.3K $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 Rate 5%
$26,760
Cap Rate 7%
$19,114
Cap Rate 9%
$14,867
Alternative Uses
Best Use
Office B
$19.1K
$16.7K – $22.3K
NOI $1,338 @ 7.0% cap · market cap 267.60%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$60.3K
$52.7K – $70.3K
NOI $4,218 @ 7.0% cap · market cap 843.60%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
568
Businesses Nearby
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Business Placement
Demographics for 78572, TX
78,280
Population
32,696
Households
2.4
Avg Household Size
36
Median Age
25%
College-Educated
75%
High-School Grad
53.7 sq mi
ZIP Area
1,458
Density / Sq Mi
$54,029
Median Household Income
$30,004
Median Earnings
$900
Median Rent
$121,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Coworking space - Members have round-the-clock access to private offices, a conference room, and shared amenities.
Where is this coworking space located?
The property is located at 2515 Colorado Street Unit 2 Mission, TX.
What are key features of this property?
This property features: Private offices and a conference room; 24/7 member access with ButterflyMX entry control; Break room, coffee bar, individual mailboxes, and janitorial service
