Retail
New
For Sale
Contact for pricing
6107 Suite 204 N La Homa Road, Mission, TX 78574
A flexible interior suite offers a compact footprint within a retail plaza.
Property Size918 SF
Price / SF$1.09
Days on Market2
Property Features for 6107 Suite 204 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 4:17PM
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
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 918-square-foot retail suite is located within a retail plaza at 6107 Suite 204 N La Homa Road in Mission, Texas. Built in 2020, the space is described as blank, providing an open interior for a business to configure.
The property sits in a bustling area with high traffic, according to the available property details.
The property sits in a bustling area with high traffic, according to the available property details.
Key Highlights
- 918‑square‑foot retail suite
- Built in 2020
- Blank interior space within a retail plaza
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 - A flexible interior suite offers a compact footprint within a retail plaza.
Where is this retail space located?
The property is located at 6107 Suite 204 N La Homa Road Mission, TX.
What are key features of this property?
This property features: 918‑square‑foot retail suite; Built in 2020; Blank interior space within a retail plaza
