Gated Flex
For Sale
$725,000
8049 Bentsen Palm Drive, Mission, TX 78574
Warehouse, office, and ancillary improvements occupy a gated commercial site with paved driveway access.
Property Size6,924 SF
Lot Size5.00 Acres
Price / SF$104.71
Days on Market12
Property Features for 8049 Bentsen Palm Drive
General Information
Standard status
Active
Size
6,924 SF
Lot size
5.00 Acres
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$8,283
Amenities
gated
Window Air Conditioning
Paved Driveway.
City Road.
Building Details
Year Built
2003
Listing Agency:
Keller Williams Realty Rgv
(956) 599-8400
Listed By:
Jaime Gonzalez · License #713189
(956) 599-8400
Source:
Xome
Added: Aug 17
Changed: Aug 28
Last Checked: Aug 28 at 5:46AM
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 Keller Williams Realty Rgv
Investment Insights
Based on property information with market context.
This flex-space property combines warehouse and office improvements with additional structures on an approximately 5-acre commercial site. The gated layout provides a defined setting for storage and business operations, while the paved driveway supports on-site access. Window air conditioning is present in the interior, and the property was built in 2003.
Located at 8049 Bentsen Palm Drive in Mission, Texas, the property fronts a city road. Its mix of building types and sizable land area offers a practical configuration for commercial operations requiring both enclosed space and supporting improvements.
Located at 8049 Bentsen Palm Drive in Mission, Texas, the property fronts a city road. Its mix of building types and sizable land area offers a practical configuration for commercial operations requiring both enclosed space and supporting improvements.
Key Highlights
- Approximately 5 acres of commercial property
- Combination of warehouse, office, and additional structures
- Gated site with paved driveway
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
$44,243
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
6.10%
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%
$884,860
$884.9K
Cap Rate 7%
$632,043
$632.0K
Cap Rate 9%
$491,589
$491.6K
Market Conditions
NOI Build-Up for 6,924 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
$55.7K $8.04/SF
− Vacancy
−$3.6K −$0.52/SF
EGI
$52.1K $7.52/SF
− OpEx
−$7.8K −$1.13/SF
NOI
$44.2K $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%
$884,860
Cap Rate 7%
$632,043
Cap Rate 9%
$491,589
Alternative Uses
Best Use
Office B
$1.65M
$1.45M – $1.93M
NOI $115,818 @ 7.0% cap · market cap 15.97%
Second Best
Warehouse
$632.0K
$553.0K – $737.4K
NOI $44,243 @ 7.0% cap · market cap 6.10%
Theoretical Best
Hotel Hospitality
$5.22M
$4.56M – $6.08M
NOI $365,068 @ 7.0% cap · market cap 50.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
122
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Warehouse, office, and ancillary improvements occupy a gated commercial site with paved driveway access.
Where is this flex space located?
The property is located at 8049 Bentsen Palm Drive Mission, TX.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Approximately 5 acres of commercial property; Combination of warehouse, office, and additional structures; Gated site with paved driveway
