Commercial
New
For Sale
$1,599,000
4020 N Inspiration Road, Mission, TX 78573
An auto parts business currently operates on the site, with retail development identified for the front.
Property Size6,801 SF
Price / SF$235.11
Days on Market4
Property Features for 4020 N Inspiration Road
General Information
Standard status
Active
Size
6,801 SF
Total Parking Spaces
40
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$20,104
Amenities
Storage
Building Details
Building Size
6,801 SF
Year Built
1990
Stories
1
Listing Agency:
Red & Co Realty Services
(956) 560-2207
Listed By:
Karla Hernandez
(956) 900-8349
Source:
Justrealty
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 27 at 3:27AM
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 Red & Co Realty Services
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The commercial land at 4020 N Inspiration Road in Mission, Texas, currently has an auto parts business on site. Retail development at the front and subdivision development are identified as possible site directions.
Key Highlights
- An auto parts business currently operates on the site
- 4020 N Inspiration Road, Mission, TX 78573
- Retail development at the front is identified as a possible site direction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,828
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,836,560
$1.8M
Cap Rate 7%
$1,311,829
$1.3M
Cap Rate 9%
$1,020,311
$1.0M
Market Conditions
NOI Build-Up for 6,801 SF
Gross rent
$139.6K $20.52/SF
− Vacancy
−$8.4K −$1.23/SF
EGI
$131.2K $19.29/SF
− OpEx
−$39.4K −$5.79/SF
NOI
$91.8K $13.50/SF
Area
Hidalgo County, TX
Vacancy
6.00%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,836,560
Cap Rate 7%
$1,311,829
Cap Rate 9%
$1,020,311
Alternative Uses
Best Use
Retail
$1.31M
$1.15M – $1.53M
NOI $91,828 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$5.12M
$4.48M – $5.98M
NOI $358,583 @ 7.0% cap · market cap 22.43%
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
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 78573, TX
42,229
Population
13,339
Households
3.2
Avg Household Size
29
Median Age
15%
College-Educated
63%
High-School Grad
36.7 sq mi
ZIP Area
1,151
Density / Sq Mi
$51,185
Median Household Income
$27,730
Median Earnings
$909
Median Rent
$154,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - An auto parts business currently operates on the site, with retail development identified for the front.
Where is this commercial land located?
The property is located at 4020 N Inspiration Road Mission, TX.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: An auto parts business currently operates on the site; 4020 N Inspiration Road, Mission, TX 78573; Retail development at the front is identified as a possible site direction
