6304 W Mile 7 Road, Mission, TX 78574
- Added:
- Mar 21, 2026
- Days on Market:
- 81
- Last Refresh:
- Jun 9 at 8:06 pm
Property Features for 6304 W Mile 7 Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C
- Parking
- 14
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- L628001000003700
- Size
- 1,504 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3276
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 2005
- Floors in Building
- 1
- Building materials
- Solid Masonry, Stone
- Roof type
- Composition
Listing agent Ronaldo Lacayo (956) 578-5733
Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX (956) 928-1155
Listing date Mar 21, 2026
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Established taqueria restaurant in a high‑traffic location
- Sits on an approximately 1/2‑acre lot
- Includes almost all kitchen appliances
- Approximately 14 parking spaces available
- Solid masonry/stone construction with composition roof
- Built in 2005; electric and central heating with central/electric cooling
Overview
The property is located in Mission, Texas, and is described as being in a high-traffic location. It is offered for sale as a ready-to-operate restaurant use, with on-site parking and the core restaurant equipment already in place.
For a buyer looking to take over an existing foodservice concept or reposition the space for another restaurant or similar business, the included kitchen appliances reduce the need for immediate buildout or major equipment purchases. The combination of an operating restaurant setup, parking availability, and a flexible interior concept (based on the current taqueria use) may fit operators seeking a straightforward path to opening or transitioning a neighborhood foodservice location.
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 | $30.9k | $20.52 |
| − Vacancy | −$1.8k | −$1.17 |
| EGI | $29.1k | $19.35 |
| − OpEx | −$7.3k | −$4.84 |
| NOI | $21.8k | $14.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mission
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.378567
- Latitude
- 26.326113
