Warehouse with Unfinished
For Sale
$530,000
Pending
7200 W Mile 7 Rd, Mission, TX 78574
Commercial lot includes a 4,800-sq-ft warehouse with unfinished interior space for business buildout.
Property Size4,800 SF
Lot Size1.00 Acre
Days on Market364
Property Features for 7200 W Mile 7 Rd
General Information
Standard status
Pending
Size
4,800 SF
Lot size
1.00 Acre
Taxes and HOA fees
Annual Taxes
$7,471
Listing Agency:
SENDERO REALTY TX LLC
Listed By:
Fernando Reyes
(956) 458-5839
Source:
Exprealty
Added: Sep 9, 2025
Changed: Aug 20
Last Checked: Sep 6 at 10:27AM
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 SENDERO REALTY TX LLC
Investment Insights
Based on property information with market context.
This property is a commercial lot with a warehouse totaling 4,800 square feet. The interior is listed as unfinished, offering flexibility for a new buildout depending on the intended business use.
The asset is located in Mission, TX and is offered for sale.
The offering combines the warehouse structure with the commercial land component, providing on-site space for industrial-oriented plans and improvements.
The asset is located in Mission, TX and is offered for sale.
The offering combines the warehouse structure with the commercial land component, providing on-site space for industrial-oriented plans and improvements.
Key Highlights
- Commercial 1‑acre lot in Mission
- Includes a 4,800‑sq‑ft warehouse building
- Unfinished interior space offers room for business buildout
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
$30,671
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
5.79%
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%
$613,420
$613.4K
Cap Rate 7%
$438,157
$438.2K
Cap Rate 9%
$340,789
$340.8K
Market Conditions
NOI Build-Up for 4,800 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
$38.6K $8.04/SF
− Vacancy
−$2.5K −$0.52/SF
EGI
$36.1K $7.52/SF
− OpEx
−$5.4K −$1.13/SF
NOI
$30.7K $6.39/SF
Area
Hidalgo County, TX
Vacancy
6.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
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%
$613,420
Cap Rate 7%
$438,157
Cap Rate 9%
$340,789
Alternative Uses
Best Use
Warehouse
$438.2K
$383.4K – $511.2K
NOI $30,671 @ 7.0% cap · market cap 5.79%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$3.62M
$3.16M – $4.22M
NOI $253,080 @ 7.0% cap · market cap 47.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Balanced
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Latch Storage — 7103 W Mile 7 Rd, Mission, TX 78574
Frequently Asked Questions
What type of property is this?
Warehouse - Commercial lot includes a 4,800-sq-ft warehouse with unfinished interior space for business buildout.
Where is this warehouse located?
The property is located at 7200 W Mile 7 Rd Mission, TX.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Commercial 1‑acre lot in Mission; Includes a 4,800‑sq‑ft warehouse building; Unfinished interior space offers room for business buildout
