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Commercial Property on Mile 4

6800 Mile 4 Road Mission, TX 78574

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Commercial property with mechanic shop, living area, and ample parking.

Type:Retail
Property size:
2,672 SF
Lot size:
0.50 Acres
Price / SF:
$74.85/SF
Added:
Nov 11, 2023
Days on Market:
976
Last Refresh:
May 12 at 11:04 pm

Property Features for 6800 Mile 4 Road

General Information

Standard status
Active
Size
2,672 SF
Lot size
0.50 Acres
Property subtype
Retail

Building Details

Year Built
2007

Listing office BIG Realty

Listing date Nov 11, 2023

Source Crexi

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 BIG Realty


Investment Insights

Based on property information with market context.

This commercial property, situated on over half an acre, is currently operating as a diesel mechanic shop. The structure includes a carport suitable for three vehicles or semi-trucks, along with four parking spots specifically designated for semi-trucks. Inside, there is a full bathroom for employees, as well as an office and lobby area. The shop also features a second-floor living area, complete with one bedroom, a laundry area, a full bathroom, a kitchen, and a living area. The building size is 2672 square feet. Located just off Mile 4 Road, the property offers potential for various commercial uses.

Key Highlights

  • Commercial property operating as a diesel mechanic shop
  • Over half an acre of land near Mile 3
  • Carport for 3 vehicles/semi‑trucks and 4 semi‑truck parking spots

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $21.5k $8.04
− Vacancy −$1.4k −$0.52
EGI $20.1k $7.52
− OpEx −$6.0k −$2.26
NOI $14.1k $5.26
2,672 SF · lease $8.04/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$515.4K
$451.0K – $601.3K (±1% cap)
NOI $36,078 @ 7.0% cap · market cap 18.04%
Second Best
Industrial
$200.9K
$175.8K – $234.4K (±1% cap)
NOI $14,061 @ 7.0% cap · market cap 7.03%
Theoretical Best
Hotel Hospitality
$2.01M
$1.76M – $2.35M (±1% cap)
NOI $140,881 @ 7.0% cap · market cap 70.44%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Big Box & Wholesale Store Hair Salon Building Supply Nail Salon Auto Parts Store Restaurant Grocery & Convenience Store Barber Shop Food Market Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Valley Auto Shop — Mission, TX 78574
  • O&A Auto Diagnostics — 6712 W Mile 4 Rd, Mission, TX 78574
  • Vik's Transmission Performance — 4902 N Abram Rd, Mission, TX 78574
  • Victor’s Tire Shop — 4807 N Doffing Rd, Mission, TX 78574
  • Llantera Los 2 Hermanos — 4917 N Doffing Rd, Mission, TX 78574

FAQs

What type of property is this?
Auto shop - Commercial property with mechanic shop, living area, and ample parking.
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: Commercial property operating as a diesel mechanic shop; Over half an acre of land near Mile 3; Carport for 3 vehicles/semi‑trucks and **4 semi‑truck parking spots**
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