Retail Suite with Modern
New
For Sale
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6107 Suite 206 N La Homa Road, Mission, TX 78574
A 2020-built space offers 918 square feet with cabinetry suited to a salon or barber setting.
Property Size918 SF
Price / SF$1.63
Days on Market2
Property Features for 6107 Suite 206 N La Homa Road
General Information
Standard status
Active
Size
918 SF
Property subtype
Commercial
Building Details
Year Built
2020
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:38PM
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 SANETI REALTY GROUP
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Investment Insights
Based on property information with market context.
This 918-square-foot retail suite was built in 2020 and features a contemporary interior with elegant cabinetry. The existing finish-out is described as move-in ready, offering a defined commercial space for salon or barber services.
The suite is at 6107 N La Homa Road in Mission, Texas. Its setting is characterized as a busy area, providing local commercial context for the property.
The suite is at 6107 N La Homa Road in Mission, Texas. Its setting is characterized as a busy area, providing local commercial context for the property.
Key Highlights
- 918 square feet of retail space
- Built in 2020
- Interior includes elegant cabinetry
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 826.33%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$691.5K
$605.0K – $806.7K
NOI $48,402 @ 7.0% cap · market cap 3,226.80%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
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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 Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - A 2020-built space offers 918 square feet with cabinetry suited to a salon or barber setting.
Where is this retail space located?
The property is located at 6107 Suite 206 N La Homa Road Mission, TX.
What are key features of this property?
This property features: 918 square feet of retail space; Built in 2020; Interior includes elegant cabinetry
