Diesel Mechanic Shop with
For Sale
$200,000
6800 Mile 4 Road, Mission, TX 78574
Commercial Sale, Mission, TX
Property Size2,672 SF
Lot Size0.52 Acres
Price / SF$74.85
Days on Market139
Property Features for 6800 Mile 4 Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RS
Parking
7
Exterior features
Storage, Workshop
Appliances
Electric Water Heater
Subdivision
Abram North
Directions
Form expressway 83, go north on Abram Rd to 4 Mile Rd. Property is located on the North West corner.
Standard status
Active
APN
A023000000000100
Size
2,672 SF
Lot size
0.52 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3437
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
employee bathroom
full bathroom
office
lobby
living area
kitchen
bedroom
laundry area
Building Details
Year built
2007
Floors in Building
2
Building materials
Block, Frame/Wood, Stucco
Roof type
Flat
Additional Structures
Workshop, Storage
Listing Agency:
BIG Realty
(956) 465-0011
Listed By:
Matthew Cruz
(956) 483-0515
Added: Apr 28
Changed: Sep 4
Last Checked: Sep 13 at 4:06AM
MLS# 480400
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.
Investment Insights
Based on property information with market context.
This 2,672-square-foot auto shop sits on 0.5176 acres and is currently used as a diesel mechanic facility. The property includes a carport sized for 3 vehicles or semi-trucks, 4 additional semi-truck parking spots, a workshop, storage, an employee full bathroom, and an office with lobby space. Block, frame/wood, and stucco construction was completed in 2007, with a flat roof, central heating, central air, and an electric water heater.
A second-floor living area adds 1 bedroom, 1 laundry area, 1 full bathroom, a kitchen, and a living area. The property is located at 6800 Mile 4 Road in Mission, Texas, within RS zoning. Its combination of service-shop improvements, heavy-vehicle parking, and upper-level residential space supports a range of automotive property needs, subject to applicable zoning and approvals.
A second-floor living area adds 1 bedroom, 1 laundry area, 1 full bathroom, a kitchen, and a living area. The property is located at 6800 Mile 4 Road in Mission, Texas, within RS zoning. Its combination of service-shop improvements, heavy-vehicle parking, and upper-level residential space supports a range of automotive property needs, subject to applicable zoning and approvals.
Key Highlights
- Current use as a diesel mechanic shop
- 2,672 square feet on 0.5176 acres
- Carport for 3 vehicles or semi‑trucks
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,061
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$281,220
$281.2K
Cap Rate 7%
$200,871
$200.9K
Cap Rate 9%
$156,233
$156.2K
Market Conditions
NOI Build-Up for 2,672 SF
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.
Gross rent
$21.5K $8.04/SF
− Vacancy
−$1.4K −$0.52/SF
EGI
$20.1K $7.52/SF
− OpEx
−$6.0K −$2.26/SF
NOI
$14.1K $5.26/SF
Area
Hidalgo County, TX
Vacancy
6.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$281,220
Cap Rate 7%
$200,871
Cap Rate 9%
$156,233
Alternative Uses
Best Use
Retail
$515.4K
$451.0K – $601.3K
NOI $36,078 @ 7.0% cap · market cap 18.04%
Second Best
Industrial
$200.9K
$175.8K – $234.4K
NOI $14,061 @ 7.0% cap · market cap 7.03%
Theoretical Best
Hotel Hospitality
$2.01M
$1.76M – $2.35M
NOI $140,881 @ 7.0% cap · market cap 70.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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- Llantera Los 2 Hermanos — 4917 N Doffing Rd, Mission, TX 78574
Frequently Asked Questions
What type of property is this?
Auto shop - Workshop property with truck parking, office facilities, and a second-floor living area.
Where is this auto shop located?
The property is located at 6800 Mile 4 Road Mission, TX.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Current use as a diesel mechanic shop; 2,672 square feet on 0.5176 acres; Carport for 3 vehicles or semi‑trucks
