Automotive Repair
New
For Sale
$210,000
890 N Milam Street, San Benito, TX 78586
The existing operation handles muffler and exhaust service.
Property Size1,500 SF
Price / SF$140
Days on Market3
Property Features for 890 N Milam Street
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Commercial
Tenancy & Operations
Currently Operating
Yes
Real Estate Included
Yes
Additional Details
Asking Price
$210,000
Automotive Uses
auto repair
Building Details
Year Built
1993
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:22PM
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 SANETI REALTY GROUP
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
An operating muffler shop occupies the property at 890 N Milam Street in San Benito. The building dates to 1993 and is currently used for automotive exhaust work, providing an established setting for that service category.
Key Highlights
- Currently operating as a muffler shop
- Built in 1993
- Located at 890 N Milam Street in San Benito
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,273
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,460
$285.5K
Cap Rate 7%
$203,900
$203.9K
Cap Rate 9%
$158,589
$158.6K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$21.6K $14.40/SF
− Vacancy
−$1.2K −$0.81/SF
EGI
$20.4K $13.59/SF
− OpEx
−$6.1K −$4.08/SF
NOI
$14.3K $9.52/SF
Area
Cameron County, TX
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,460
Cap Rate 7%
$203,900
Cap Rate 9%
$158,589
Alternative Uses
Best Use
Retail
$203.9K
$178.4K – $237.9K
NOI $14,273 @ 7.0% cap · market cap 6.80%
Second Best
Industrial
$100.3K
$87.7K – $117.0K
NOI $7,018 @ 7.0% cap · market cap 3.34%
Theoretical Best
Healthcare Medical
$258.3K
$226.0K – $301.3K
NOI $18,079 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
87k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Dining 27%
Dollar Tree
Shops & Services
20,598 visits/mo
0.4 miles
Stripes
Shops & Services
15,682 visits/mo
0.4 miles
Stars Drive-In
Dining
11,668 visits/mo
0.2 miles
Church's Chicken
Dining
10,731 visits/mo
0.3 miles
Family Dollar
Shops & Services
9,799 visits/mo
0.4 miles
Demographics for 78586, TX
50,135
Population
16,145
Households
3.1
Avg Household Size
32
Median Age
12%
College-Educated
64%
High-School Grad
152.5 sq mi
ZIP Area
329
Density / Sq Mi
$44,158
Median Household Income
$25,906
Median Earnings
$839
Median Rent
$83,200
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
Similar Off Market Nearby
- Mendez Tire Shop — 1001 E Stenger St, San Benito, TX 78586
- Mecanica Express — San Benito, TX 78586
- Perez Auto Repair & Electric — 1890 US-77, San Benito, TX 78586
- Hermanos Tire Services — 88-5270-0110-0601, 00, San Benito, TX 78586
- La Hormiga tire shop #4 — 101-199 E Brooks St, San Benito, TX 78586
Frequently Asked Questions
What type of property is this?
Auto shop - The existing operation handles muffler and exhaust service.
Where is this auto shop located?
The property is located at 890 N Milam Street San Benito, TX.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Currently operating as a muffler shop; Built in 1993; Located at 890 N Milam Street in San Benito
