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Mixed-Use Property with Office Space
For Sale
$159,000
Pending

550 W Us Highway 77, San Benito, TX 78586

C2-zoned property combines a residential unit with additional space for office use or conversion.

Property Size1,284 SF
Days on Market218
Rey
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Property Features for 550 W Us Highway 77

General Information

Standard status Pending
Size 1,284 SF

Taxes and HOA fees

Annual Taxes $3,419
Listing Agency: The MBTeam
Listed By: Monica Benavides
Source: Exprealty
Added: Mar 12 Changed: Oct 9 Last Checked: Oct 15 at 2:25AM

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 The MBTeam

Investment Insights

Based on property information with market context.

This C2-zoned mixed-use property includes a one-bedroom, one-and-a-half-bath unit and an additional area that can serve as office space or be converted into another rental unit. An outdoor bathroom conveys with the property. The recorded property size is 1,284.

Located at 550 W US Highway 77 in San Benito, the property offers access to the expressway. Its existing residential unit and separate additional space support a flexible mixed-use configuration for office or rental applications.

Key Highlights

  • C2 zoning
  • One‑bedroom, 1.5‑bath unit
  • Additional space for office use or conversion into another rental unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,001
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,020 $260.0K
Cap Rate 7%
$185,729 $185.7K
Cap Rate 9%
$144,456 $144.5K
Market Conditions
NOI Build-Up for 1,284 SF
Gross rent
$23.1K $18.00/SF
− Vacancy
−$2.3K −$1.80/SF
EGI
$20.8K $16.20/SF
− OpEx
−$7.8K −$6.07/SF
NOI
$13.0K $10.13/SF
Area
Cameron 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%
$260,020
Cap Rate 7%
$185,729
Cap Rate 9%
$144,456

Alternative Uses

Best Use
Mixed Use
$185.7K
$162.5K – $216.7K (±1% cap)
NOI $13,001 @ 7.0% cap · market cap 8.18%
Second Best
Office B
$168.4K
$147.3K – $196.5K (±1% cap)
NOI $11,787 @ 7.0% cap · market cap 7.41%
Theoretical Best
Healthcare Medical
$221.1K
$193.5K – $257.9K (±1% cap)
NOI $15,476 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Big Box & Wholesale Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

471
Businesses Nearby

Demographics for 78586, TX

50,135
Population
16,145
Households
3.1
Avg Household Size
32
Median Age
12%
College-Educated
64%
High-School Grad
152.5 sq mi
ZIP Area
329
Density / Sq Mi
$44,158
Median Household Income
$25,906
Median Earnings
$839
Median Rent
$83,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - C2-zoned property combines a residential unit with additional space for office use or conversion.
Where is this mixed-use property located?
The property is located at 550 W Us Highway 77 San Benito, TX.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: C2 zoning; One‑bedroom, 1.5‑bath unit; Additional space for office use or conversion into another rental unit
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