Retail
New
For Sale
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6107 Suite 205 N La Homa Road, Mission, TX 78574
The suite is part of a retail plaza built in 2020.
Property Size918 SF
Price / SF$1.09
Days on Market2
Property Features for 6107 Suite 205 N La Homa Road
General Information
Standard status
Active
Size
918 SF
Property subtype
Commercial
Building Details
Year Built
2020
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 2:34AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 205 contains 918 square feet of retail space within a plaza built in 2020. The property is located at 6107 N La Homa Road in Mission, Texas 78574.
Key Highlights
- 918 square feet of retail space
- Located at 6107 Suite 205 N La Homa Road, Mission, TX 78574
- Retail plaza built in 2020
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
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 suite is part of a retail plaza built in 2020.
Where is this retail space located?
The property is located at 6107 Suite 205 N La Homa Road Mission, TX.
What are key features of this property?
This property features: 918 square feet of retail space; Located at 6107 Suite 205 N La Homa Road, Mission, TX 78574; Retail plaza built in 2020
