Mixed-Use Property with
New
For Sale
$700,000
3708 W Mile 7 Road, Mission, TX 78574
The site includes a separate warehouse suited to storage, operations, or workshop use.
Property Size2,250 SF
Lot Size1.50 Acres
Price / SF$311.11
Days on Market2
Property Features for 3708 W Mile 7 Road
General Information
Standard status
Active
Size
2,250 SF
Lot size
1.50 Acres
Additional Details
Corner Location
Yes
Taxes and HOA fees
Annual Taxes
$6,693
Amenities
Concrete
true
2230
HidalgoCAD
See Remarks
1.5062
Pole Sign
Dirt,Enclosed,Paved
Storage,Manual Gate,Mature Trees
Interstate
2250
false
Building Details
Building Size
2,250 SF
Year Built
2000
Stories
1
Listing Agency:
(956) 539-7317
Listed By:
Sergio Guerra
Source:
Cncrealtyrgv
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 31 at 3:12AM
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 Sergio Guerra
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Investment Insights
Based on property information with market context.
This mixed-use property occupies 1.5062 acres and includes a detached warehouse for storage, operations, or workshop use. The main building contains 2,250 square feet and was built in 2000. A pole sign, manual gate, and mature trees are also part of the property.
The property is at the intersection of Mile 7 and Bentsen Palm Drive in Mission, Texas. Its location provides access from both roads.
The property is at the intersection of Mile 7 and Bentsen Palm Drive in Mission, Texas. Its location provides access from both roads.
Key Highlights
- 1.5062‑acre property at Mile 7 and Bentsen Palm Drive
- Detached warehouse for storage, operations, or workshop use
- 2,250‑square‑foot building, constructed in 2000
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,781
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,620
$455.6K
Cap Rate 7%
$325,443
$325.4K
Cap Rate 9%
$253,122
$253.1K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$40.5K $18.00/SF
− Vacancy
−$4.1K −$1.80/SF
EGI
$36.5K $16.20/SF
− OpEx
−$13.7K −$6.07/SF
NOI
$22.8K $10.13/SF
Area
Hidalgo County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,620
Cap Rate 7%
$325,443
Cap Rate 9%
$253,122
Alternative Uses
Best Use
Mixed Use
$325.4K
$284.8K – $379.7K
NOI $22,781 @ 7.0% cap · market cap 3.25%
Second Best
Warehouse
$205.4K
$179.7K – $239.6K
NOI $14,377 @ 7.0% cap · market cap 2.05%
Theoretical Best
Hotel Hospitality
$1.69M
$1.48M – $1.98M
NOI $118,631 @ 7.0% cap · market cap 16.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
125
Businesses Nearby
Explore this area
Business Placement
Demographics for 78574, TX
63,627
Population
18,309
Households
3.5
Avg Household Size
28
Median Age
16%
College-Educated
58%
High-School Grad
51.9 sq mi
ZIP Area
1,226
Density / Sq Mi
$52,536
Median Household Income
$28,029
Median Earnings
$807
Median Rent
$119,000
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The site includes a separate warehouse suited to storage, operations, or workshop use.
Where is this mixed-use property located?
The property is located at 3708 W Mile 7 Road Mission, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 1.5062‑acre property at Mile 7 and Bentsen Palm Drive; Detached warehouse for storage, operations, or workshop use; 2,250‑square‑foot building, constructed in 2000
