Retail
New
For Sale
Contact for pricing
6107 Suite 201 La Homa Road N, Mission, TX 78574
The 2020-built space provides a blank retail interior for a business occupant.
Property Size1,800 SF
Lot Size0.50 Acres
Price / SF$1.09
Days on Market2
Property Features for 6107 Suite 201 La Homa Road N
General Information
Standard status
Active
Size
1,800 SF
Net Rentable
1,800 SF
Total Parking Spaces
10
Lot size
0.50 Acres
Property subtype
Commercial
Zoning
C-2
Occupancy
100%
Net Operating Income
$82,000
Financials
Asking Price
$91,700
Cap Rate
9.4%
Gross Rent Multiplier
13.8
HOA Fee
$150
Opportunity Zone
No
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Sprinkler System
Yes
Amenities
high traffic visibility
Building Details
Year Built
2020
Year Renovated
2020
Buildings
1
Stories
2
Building Size
1,800 SF
Construction
block
Tenancy
Multi
Abandoned
No
Listing Agency:
Texus Realty
Listed By:
Israel Gutierrez · License #0558344
(512) 846-9332
Source:
Texusrealty
Added: Nov 1
Changed: Nov 2
Last Checked: Nov 2 at 2:38AM
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 Texus Realty
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.
This retail suite in Mission contains 918 square feet of blank space. The building dates to 2020, and the suite is identified as 201 at 6107 La Homa Road N.
Key Highlights
- 918 square feet of retail space
- Built in 2020
- Suite 201 at 6107 La Homa Road N, Mission, TX 78574
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,395
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,900
$247.9K
Cap Rate 7%
$177,071
$177.1K
Cap Rate 9%
$137,722
$137.7K
Market Conditions
NOI Build-Up for 918 SF
Gross rent
$18.8K $20.52/SF
− Vacancy
−$1.1K −$1.23/SF
EGI
$17.7K $19.29/SF
− OpEx
−$5.3K −$5.79/SF
NOI
$12.4K $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%
$247,900
Cap Rate 7%
$177,071
Cap Rate 9%
$137,722
Alternative Uses
Best Use
Retail
$177.1K
$154.9K – $206.6K
NOI $12,395 @ 7.0% cap · market cap 1,239.50%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$691.5K
$605.0K – $806.7K
NOI $48,402 @ 7.0% cap · market cap 4,840.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
277
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
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The 2020-built space provides a blank retail interior for a business occupant.
Where is this retail space located?
The property is located at 6107 Suite 201 La Homa Road N Mission, TX.
What are key features of this property?
This property features: 918 square feet of retail space; Built in 2020; Suite 201 at 6107 La Homa Road N, Mission, TX 78574
