Drive-Through Convenience
6128 Mile 5 Mission, TX 78574
6128 Mile 5, Mission, TX, 78574
$310,000
For Sale
$310,000
Drive-through convenience store on a corner lot with fully fenced, extended cement parking and rear access.
Property Size1,200 SF
Lot Size0.50 Acres
Price / SF$258.33
Days on Market328
Property Features for 6128 Mile 5
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Lot size
- 0.50 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 2014
Listing agency
(956) 789-0900
Listed by
Encore Fine Properties
(956) 789-0900
Source
Xome
Added: Aug 29, 2025 Updated: Jul 22 at 4:16AM Checked: Jul 22 at 4:16AM
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 Encore Fine Properties
Investment Insights
Based on property information with market context.
This drive-through convenience store is located on a corner lot and is being operated as a retail food shop. The building includes a small office/kitchen with a stainless steel sink and appliances for snack preparation. In addition, the premises are equipped with a multi-door cooler and display, product racks, an ice maker, and commercial refrigerators for popsicles and ice cream treats.
The property features a fully fenced layout for added security, an extended cement parking area, and rear access to support customer flow and operations.
A strong fit for operators seeking a ready-to-run convenience format, the site is purpose-equipped for chilled and frozen merchandising and offers on-site space for basic prep in the office/kitchen area.
The property features a fully fenced layout for added security, an extended cement parking area, and rear access to support customer flow and operations.
A strong fit for operators seeking a ready-to-run convenience format, the site is purpose-equipped for chilled and frozen merchandising and offers on-site space for basic prep in the office/kitchen area.
Key Highlights
- Drive‑through convenience store on a corner lot totaling 0.5 acre
- Year built 2014 building with electric cooling
- Fully fenced property with rear access
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.6k | $20.52 |
| − Vacancy | −$1.4k | −$1.17 |
| EGI | $23.2k | $19.35 |
| − OpEx | −$5.8k | −$4.84 |
| NOI | $17.4k | $14.51 |
1,200 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$248.8K
$217.7K – $290.3K
NOI $17,415 @ 7.0% cap · market cap 5.62%
Second Best
Retail
$231.5K
$202.5K – $270.1K
NOI $16,203 @ 7.0% cap · market cap 5.23%
Theoretical Best
Hotel Hospitality
$903.9K
$790.9K – $1.05M
NOI $63,270 @ 7.0% cap · market cap 20.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - Drive-through convenience store on a corner lot with fully fenced, extended cement parking and rear access.
Where is this grocery and convenience store located?
The property is located at 6128 Mile 5 Mission, TX.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Drive‑through convenience store on a corner lot totaling 0.5 acre; Year built 2014 building with electric cooling; Fully fenced property with rear access
