Versatile Commercial Property with
For Sale
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8120 N Bentsen Palm Drive, Mission, TX 78574
Mixed-use property featuring office building and warehouse on 5-acre lot.
Property Size5,030 SF
Lot Size5.00 Acres
Price / SF$158.85
Days on Market818
Property Features for 8120 N Bentsen Palm Drive
General Information
Standard status
Active
Size
5,030 SF
Total Parking Spaces
27
Lot size
5.00 Acres
Property subtype
Retail, Industrial
Zoning
C
Building Details
Year Built
2019
Buildings
2
Stories
1
Tenancy
Multi
Listing Agency:
Sunrise Real Estate Corp
(956) 335-5380
Listed By:
PAUL TREVINO
Source:
Crexi
Added: Jun 6, 2024
Changed: Aug 31
Last Checked: Jul 16 at 9:05AM
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 Sunrise Real Estate Corp
Investment Insights
Based on property information with market context.
This commercial property is suited for diverse business needs, featuring an office building with a drive-thru, four private offices, four workstations, a lobby area, four bathrooms, and a break room. The property provides ample parking for employees and customers. Additionally, the property includes a warehouse with its own gated private entrance, office, and bathroom. Situated on a 5-acre lot, this property offers the flexibility to operate as one cohesive business or two separate entities.
Key Highlights
- Drive‑thru access for customer convenience.
- Warehouse with gated private entrance, office, and bathroom.
- Option to operate as one or two separate businesses.
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
$50,929
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
6.37%
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%
$1,018,580
$1.0M
Cap Rate 7%
$727,557
$727.6K
Cap Rate 9%
$565,878
$565.9K
Market Conditions
NOI Build-Up for 5,030 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
$90.5K $18.00/SF
− Vacancy
−$9.1K −$1.80/SF
EGI
$81.5K $16.20/SF
− OpEx
−$30.6K −$6.07/SF
NOI
$50.9K $10.13/SF
Area
Hidalgo County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
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%
$1,018,580
Cap Rate 7%
$727,557
Cap Rate 9%
$565,878
Alternative Uses
Best Use
Office B
$1.20M
$1.05M – $1.40M
NOI $84,137 @ 7.0% cap · market cap 10.53%
Second Best
Mixed Use
$727.6K
$636.6K – $848.8K
NOI $50,929 @ 7.0% cap · market cap 6.37%
Theoretical Best
Hotel Hospitality
$3.79M
$3.32M – $4.42M
NOI $265,207 @ 7.0% cap · market cap 33.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
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?
Mixed-use property - Mixed-use property featuring office building and warehouse on 5-acre lot.
Where is this mixed-use property located?
The property is located at 8120 N Bentsen Palm Drive Mission, TX.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Drive‑thru access for customer convenience.; Warehouse with gated private entrance, office, and bathroom.; Option to operate as one or two separate businesses.
